Facts:
-ATR Shows market panic sells chain reaction causing 3x more volatility
-200MA Still bullish
-Showing nice wick rejection, which indicates strong buy power from here.
-Overbought cloud breakout, which indicates a reversal
-Parabolic SAR still bearish but due to what i mentioned above, it will turn Bullish again.
What caused this huge spike?
Aussie unemployment news! The news was not bad, rather neutral / good.
My guess is that this huge drop is all bank manipulation.
Stay safe