Technically, it'd make sense if we turned around now

6 Jun 2023

There's a point of control / high volume node below the previous low of 2023 which would be a great swing-failure pattern to hit. It's also at the .618 of the covid low to the all-time high. However if there's more strength in the market, we could see a stronger rebound into the previous range of 2023. This is if we show some strong resistance (tall wicks above the candles) at this level.