There should be a second step to wash out some of the bargain hunters, but there will not be a new low.

Yesterday's rebound was very strong, but the trading volume did not keep up. Most of the time this kind of negative decline will have a shock, even if it is symbolic. So don’t be anxious and don’t think about breaking the previous high immediately, but don’t be kicked off by the second step. You’d rather be trapped now than watch from under the bus and then fomo.