Scenario 1 is "still" valid as index is holding the support so far. Until support is broken, view this as continuation of the bounce.
However, we should never ignore the market signal. So, if we do take out the low, be prepared for scenario 2
Scenario 1 is "still" valid as index is holding the support so far. Until support is broken, view this as continuation of the bounce.
However, we should never ignore the market signal. So, if we do take out the low, be prepared for scenario 2
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