I made this analysis yesterday. Strong potential bottom level here. AVWAP taken from the dead low
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Chart from yesterday
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Not saying "the" bottom by the way, but good for a little bounce
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If we do bottom out here it could take really long to form an accumulation base big enough for a breakout into new highs. Previous time from where the aVWAP is drawn took 200+ days
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So far its been pretty solid as a bottom
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