I see 2 things, one being a possible finish to this elliot correction wave bringing us down to the next support i see near 400. Although, hopefully we continue this bounce off the current support level and start a new bull trend. If it breaks this support it'll be ugly, this support stopped 4 massive dips since Dec, nothing has broken it since. Higher lows on the MACD and looking to converge. It's inching up to the fib level at around $625, might see a double bottom form then have a nice bullish run.