Is $RIF ‌ actually bottoming out or is this just another trap.


Looking at the daily chart it seems like we finally stopped the bleeding around that zero point zero two nine level. Price action is starting to make some higher lows lately which usually gets my attention for a potential trend shift.
We are currently hovering at zero point zero three five and trying to clear some local resistance. If we can get a solid daily candle close above zero point zero four then we might actually have some room to run toward the zero point zero four six area.
Volume is still pretty average though so I would not get too excited just yet. It needs a real surge to break this accumulation phase. If it loses the current support zone we might just go back to range bound boring movement again.
Watching the bids to see if there is real strength here.

#USMajorIndexesTurnHigher
RIF1,41%
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