I agree its a very weak bounce at the moment
Stronger than anything we've seen since the top on July 10th. That was a $1,200 daily bar.....nothing to sneeze at. But its true, bears are still in control as far as the 4H-daily trends. Looking at the daily chart, if bulls can break and hold above $11,500 then it's bullish and I'm inclined to say we won't make new lows. It's up in the air for now.