Strong U shape arvo recovery, just like the last 3 trading...

Strong U shape arvo recovery, just like the last 3 trading days.
Shorters are BURNING!

Yes I called this daily chart before the open -

"predicting a sharply lower open (correct 15.85 down 45c) & INSTOs to join the shorting crew as the memos hit the suit desks in morning.say 15.50-15.99 open (correct 15.85) then slide down (correct 15.62 intraday low) then U rebound (correct, hit 16.03 in a U rebound) like last 2 days, so shorts would get burnt again when covering.shorter holding overnight will have to buy in at daily lows, he will be happy, but DT shorts might not be so happy"

Now sitting as at near daily highs
a lower green candle with 14c body, long 23c tail & 4c head
meaning the intra day drop away was strongly bought up and reversed.

Shorters sold to 15.70 and forced to buy back at 15.90 so bad loss there shorts.
Only the overnight shorts 16.20 to 15.70 made any money & not many of those as a total

Dow & IOP were both down 4% at one point overnight but recovered just like FMG has recovered

So 15.99/16.00 close is still holding the support level. Some might say -

BURN shorters BURN!