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It was my thesis as well. It looked to be a confluence of support good for a bounce off of the bottom of the March 2020 price channel, a key level price level from last summer, a downtrend regression channel deviation curve, and the bottom of broadening formation that's forming.
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R/R was there for sure and if there was a bounce with volume, gap had a good chance of filling. My trades were on $QQQ, puts down to my levels and calls when $VIX began collapsing into a H&S. Took some quick put scalps off inverse H&S neckline in the afternoon as well.