The buyers have regained control of the trend for the day and after the severity of the recent selling a further bounce would not come as a surprise. Remember that long trades are still high risk and should be treated as trades only.
Signup To Get Free Friday Swing Trade Stock Market Analysis and 2 Free Swing Trading Guides
Get the Friday Stock Market Analysis Video and the Alphatrend's Swing Trading Guide and the 4 Stages Of Stock Cycles Chart.