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I'm led to believe a lot of stops are below swing low ($6,425 on Finex). We could have a bounce here, but I wouldn't explain it as a SFP. Careful not to abuse of that concept
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I get you, I wasn't calling a local bottom with it, just there might be a case for the short term rally to $7k where everyone's looking to reshort. Yeah, the real test is $6k now imo, besides the strength of the first bounce, it's garnered a lot of psychological support too.
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