We had the bounce as expected. It came on support, and from a short term oversold condition.
The next few days will tell if this is just a dead cat bounce or the beginning of a short term trend reserval.
"The days are coming when men will go mad, and when they meet a man who has kept his senses, will rise up against him, saying, 'You are mad, because you are not like us.' And I said, 'What can get us through such snares?' And then I heard a voice saying to me — humility.” Saint Anthony the Great, Abbot of Colzim Egypt, 251-356 AD