I see no reason why it shouldn't get back to where it was before the well planned worldwide shorting fest in Feb, just money printing and passports alone will be payed by governments. pee'd off I didn't wait a couple of weeks and buy at this level.
Personally don't see why but the sp action has been strange for nearly three weeks, being held down despite most days buys outstripping sells when prior to that it never remained at a low for more than a few minutes before shooting back up.
The 'W' recovery pattern that was predicted? certainly giving the ftse 250 a good hedge funding up the rear today, best not to look because its all blx.