The term 'Bottom' refers to a support level for market prices of any type, representing the lowest point in various finance and economic contexts.
A support level is a price level at which a security tends to stop falling because there is more demand for the security than supply of the security. It is an important concept in technical analysis used by traders and investors to make informed decisions.
A technical rally refers to a short rise in securities or commodities futures prices within a general declining trend. This can occur due to bargain-hunting or traders identifying a support level where prices usually rebound.
