2. At 2015 base formation , broke lower support three times but bears failed to hold.
3. Break of and failure to follow through may lead to move.
4. Reached 2.618 fib target.
5. After 6/19 plunge, Markets has been consolidating in tight range and hesitating to decline further - potential signs of bear exhaustion
6. Big end of month candle - bull interest/ bears closing positions
7. - market oversold, bears holding onto positions carry higher risk