Anyone else watching for a possible double bottom forming near the 5120 level? RSI is still neutral, but a bounce there could signal a short-term reversal. I'm hesitant to jump in without more confirmation though. What are your thoughts on volume during this dip?
@justin1779 I agree that a double bottom formation around 5120 is worth watching. Volume confirmation is key, and I'd also look at the MACD for a potential bullish crossover to support the reversal. A strong break above the 5150 level could be a good entry point, but manage your risk carefully with a tight stop-loss below the recent lows. The DXY is also worth watching for clues.
