It looks strong to me. However, I often check to see if I can obtain shorts way above the market so they don't get hit just to see if any are available and again today there were none available. So could get a good short squeeze or maybe Friday's action squeezed out weak shorts already and now the big boys have them, who knows, just thought someone here might have an idea. That wall definitely looked like capping for accumulation. Also gap above at 74c to fill. Obviously many caught on the way down so maybe the SP's just sitting down here for a bit waiting for those trapped above to cut their losses. Hard to see much more downside from here and the volumes certainly look climactic enough for a big bounce.
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It looks strong to me. However, I often check to see if I can...
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