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Maybe the SP recovery just got a but too far ahead of itself. My chart says the 200 day ema is around 15.25c so that should provide support around 15/15.5c. But anything can happen.....support can be broken or we might see a false break and final panic sell off for a day before recapturing the 200 day ema.....or maybe this is the bottom.

FWIW there was a golden cross in early feb so from that perspective the chart is still bullish.

Some good news or some updated news on the way forward surely wouldn't hurt.