Heavily depends on your definition for "fakeout".
Guaranteed to happen if you just change the definition on the fly for any given dip.
But considering this market is littered with fakeouts I'd say probably yes.

Then again we don't have a whole lot of time until summer.
There's only so much the price can do before a summer rally is confirmed or not.
And we should be getting massive signals in as little as a month's time.