1000$ in few days ? Im impressed
Its showing early signs of a reversal if we can push it back upto 5K
Any thoughts ?
I Still feel we got some room to grow up
The market hit a major technical support area ($3,000) and was due for a bounce. I'd say it's too early to call it a "reversal" of the larger downtrend. In fact, I believe it's a bull trap.
I agree there's more room for upside in the short term though. I think there's a good chance we visit the upper $5,000s and 200 DMA areas.