No follow through below 44 (yet), so some shorts took profits.
Chance for retrace up to 56 area - poc of last downswing, where could meet supply. Need to break 48.75 by daily close, above 50 maybe more shortcovering.
Chance for retrace up to 56 area - poc of last downswing, where could meet supply. Need to break 48.75 by daily close, above 50 maybe more shortcovering.