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trader_boulder
Mar 5, 2021 11:07 PM

Today's "rebound" might not have been a rebound at all...  Short

US SPX 500OANDA

Description

Look at the chart for callout descriptions.

I'm not really sure that today's rebound was really a reversal... it was probably just a regular retracement in a downtrend.

See callouts for details.
Comments
poister198
Hmm a deadcat bounce would technically not surapss 3820, passing that line confirms that it is actually part of a broader channel (draw trendline from feb bottom to today's low)

Lets see!
DarioRuff
Dead cat bounce most likely but good work !!
darrenlall
Bingo!
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