1. impulsive wave. More often than not, impulsive waves are followed by milder corrective waves in the opposite direction.
2. But buyers came in strongly at support.
3. And instead of the anticipated corrective wave, a impulse wave pushed back up to test upper resistance and the .
4 & 5. Price has so far failed to break resistance..
This is still a bear market but this is also the first time has shown any sign of strength this year. Keep a close eye on price action and the upper