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Support Bounces Showing Everywhere – Evening, May 29, 2019

Though most of these formations are bearish at this time, we are showing bounces likely here into resistance zones ahead. The key will be – can these get up over the lowest areas of resistance and build higher lows from which we can trade into prior regions.

In general, most of these bounces are showing high probabilities of failure at their key resistance areas, but I like them for the countertrend motion ahead – and more importantly, I’ll be getting ready to re-short them at key levels