So Volt, do you see a bounce shortly so as to post a lower high?...

So Volt, do you see a bounce shortly so as to post a lower high?
I thought yesterday, we'd get the bounce maybe up to 4750ish, didn't quite get there, but I still think looking at the oversold short-term indicators, that a rebound back up to that level may be on the cards.

I subscribe to a fractal guy, and he's saying that the short-term downside energy is spent, it may move a little lower, but a short-term reversal rally to test the underside of 1110. From there, it's wait and see how it handles that zone.

What are your thoughts?
Thommo