Long from $115-116 would be a third swing low price area to anticipate. The previous two biggest swings offered earlier this year on the daily chart ended up being reversals on about 10% corrections. If the same happens again it could also be around the green 20 period EMA.
Front running a reversal on oversold market conditions today would be a bounce off of the blue 10 EMA.
Front running a reversal on oversold market conditions today would be a bounce off of the blue 10 EMA.