Here are the charts, not all, but I wouldn't fudge any on you, they look good for a good dead cat bounce, I'd trade this equity only or options, either way I think it's worth it,
but it's a bounce position only.
I would have preferred a September expiration, but I think the Aug. will be fine.
Accumulation zones,
note the nice flat range that is proportional with the decline.
1 min leading positive as if the market makers/specialists are stocking up.
5 min showing the trend and that the divergence has hit 5 min, I doubt this is retail.
No, even for an equity long I don't think the small gain today is chasing, not compared to what this can and should do.
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