$SKHY flushed on capitulation volume, then bounced hard. I lean long, but I'm not chasing it. I'm waiting for the first pullback into a zone where several retracement levels and the daily lower Bollinger band overlap. The catch: the bigger trend is still down. The selloff came with the heaviest daily volume in weeks, and it ended right where a five-wave decline on the 4h completes. Since then the 4h has reclaimed the whole body of the last down candle. Bounce volume is fading, so I expect a retest. - Three of four technical methods point to a bounce. Only ICT leans lower. - Selling looks exhausted after the capitulation candle. - The pullback zone stacks retracements, a 1h box and the prior close. That overlap matters because each read fails at the same place. Divergence is the core. On the daily, price made a lower low while RSI and MACD made higher lows. The 1h printed the same signal and MACD already flipped positive. No bearish divergence on any timeframe. I'm wrong if the cycle low breaks. That kills the capitulation low, the wave count and the divergence at once. Risks: tonight's US jobs data can force one more flush, and a gap zone above may cap the move. Published by YTIlab · OMNISIGHT REPORT Not investment advice. All decisions and responsibility are your own.