I am still trying to figure out what the heck happened on July 5-6 that would cause this so called 'trend reversal'. I have come up with bubkis as it seems so arbitrary. I would have expected it to touch closer to 50s first and then slowly increase, not a shot right to 100. WTF man WTF
Well, a lot of us saw a bounce there (key tech support and also was very oversold) but then some HUGE buyers came in and decided to take it higher. Still not a whole lot of bids piling up so I don't think they want to dump yet...