We had an effective "double bottom" at $7,427 and $7,451. From there, bulls decided to step in and rally. When we see a double bottom where the second test is slightly higher than the first, this is a bullish sign since people are trying to get in and filled before the bottom hits.

We do see a huge resistance level at $8,146 though, so a break and close above this level is going to be huge for the bulls.

Volumes are doing pretty well, so no major flags there (pun intended).

Hope you all have a great Friday!

Happy Trading!