We tested low trend line today and it bounced back strong. I believe this will start another rally. In past this has been strong support since June.
Way to early to say now but I believe bottom is in if we continue bounce here. That said imChanging my target from 350 to 450 but Will continue play both sides.
A break below 390 out of trend I think we fall harder
Orange line are current trend lines
White is major channel we been in
Definitely do own research on this idea
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