Still expecting a retest of the lows.
Too many rejections lately and not enough clean momentum to convince me we’ve put in a proper long-term bottom. Every push up has been getting sold pretty quickly, and we’re basically stuck under the same area.
To me it makes more sense to at least come back down and test the range lows again. We might sweep them and even print new lows if bulls don’t step in, but that’s the kind of move that can actually set the base for a real bottom.
If bulls defend that retest, then I’d start looking for a stronger bounce and a break of the current range to the upside.