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.
"It is crudely general to suggest collective responsibility for the German populace. It is, however, fair to suggest that those who continued to defend the idea of Germanhood publicly as the war went on—when this had become synonymous with barbarity—were in fact renouncing their humanity for the sake of individual survival and peace of mind."
Panayiotis Demopoulos, Götterdämmerung: Suicide Music