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Hard Not to Rule This Out

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Obviously there are many reasons to be bullish right now, but it's hard not to rule out this just being another touch of the top of our descending channel and a return to its base.
Nota
This appears to be playing out, although of course we have a lot more to go to get back down to the bottom of the channel.

Every time we've hit the bottom of the channel we've had a quick reaction rally back up to the top , then dropped about 35% back down to the bottom over the next month. Not sure there is any reason to think this time will be any different (?).

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