"You're not trying to be the first one on board; rather, you're looking for where momentum is picking up and the risk of failure is relatively low."

This is a bounce in a bear market and it can last for a few days to as long as a few weeks. Whenever you have durration corrections in bear markets, it takes long to bottom. Not entering rrsp now as this could fail Better to wait for confirmation. Compound from a higher equity base.

Don't forget to enjoy the ride.