Any spike up is going to be met with increased selling this feels more like a relief rally than a reversal. Shorts and sellers looking for more favourable prices before offloading more. There is going to be more pain ahead.

Maybe. They did just come out with the eSLR news on Tuesday that is still very much making the rounds. We could instead have one hell of a CME gap. But given that news alone doesn't boost liquidity we may get some more downside first. I hope the sale's not over before it's even Black Friday...