Interesting that if we superimpose the Murrey Math levels 5000 and 7500 on the chart it catches most of the range.I have divided the range by 4 but 1/8's are also relevant (and these will all be MM levels too) We don't have a higher low yet so the market is not out of the woods.There was positive momentum divergence at the low,which offers some encouragement,and a bullish candle on the weekly
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