RE:RE:RE:Dead Cat BounceYes absolutely, a dead cat bounce might have occurred when the sp went from 53 to 82, but only if it had then dropped back to 53 and resumed the downtrend, it didn't. Instead it made a higher low at 62, then a lower high to 75, higher low to 63, etc etc. It started to form a descending triangle (bearish) but interestingly, now it appears to be forming an ascending triangle (bullish). Let's see if it forms a support level at 67-68, will be interesting on the charts if it does.
Cheers