In a crazy market, expect crazy price patterns, right? I'd say in a "normal market condition", the most likely outcome would be to see a higher high after this sharp "V-move" upwards starting as of late yesterday evening.
However, we have seen these V-moves previously during the last ~2months and the outcome has been a mixed result. Right now, I'd say the probability is more or less even game between bulls & bears.
However, we have seen these V-moves previously during the last ~2months and the outcome has been a mixed result. Right now, I'd say the probability is more or less even game between bulls & bears.