While the market doesn't have a bullish
posture whatsoever, the 3-day 50/200 Golden Cross is just about to occur which usually would be super bullish
, remember the same 50/200 Death Cross in November that caused last year's fallout. The cross will definitely occur on the 30th candle but will market react? Consensus seems to be to $8500 before rebound, but history would suggest otherwise if traders are looking at this historical cross that only occurs maybe once a year.
All the best- DYOR
PS_ have been away on travel :-)