If it looks like a duck,
If it walks like a duck...
Quacks like a duck...
Yes the macro is bearish
But macro is a product of smart money, just like the news
This chart is bullish
We have already rejected the 50% retrace and this was done with time and price squared as I've shown you previously
We are now testing the 0.382 fib support
But moreover, all of this PA has come at THE potential reversal zone which is centred upon the Andrews Fork off the last 3 pivots
No one thinks the bottom is in
That's why it's probably in
IDEA FOR ENTERTAINMENT ONLY
DYOR