IF (it's a big if) we are doing a repeat of the October to December rise (based on similar situation/news/annoucements and now price movement) then today/tomorrow is the end of this s.t downtrend and we begin a healthy rise.
6 down days in the similar situation in October/November, we've had 4 (5 if you include today which actually ended up but only just).
History repeats itself and unfortunately all we can do is wait for confirmation.
Imo, breaking below 7 will be an issue, whereas up days of any size starting tomorrow or Monday will confirm a restart of the uptrend and possibly the repeat of the October/December s.p highs.
All completely just imo and my theory. Dyor, gltah and fu to shorters ;-)
Capper Much?, page-11
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