Well, this does not technically correspond to the previous trend line
, but does have technical pivots
that support a potential upward momentum. Lets dial down to the rsi
and watch for a break of the daily. We had a good push up yesterday although it looked like bots found a bottom we must assume two narratives. There is a technical 1,2(61.8) on a small degree but not enough power to make that move convincing. Although this "normally" happens in a stock market(slow but imminent bull trend) we must remember there are bots out there with millions in their credit balances ready to win again. Bias lies on bulls to make a better effort.