As you can see in my post we have the average (14) displayed.
If you take a closer look you can see that the last time we have seen a critical oversold region was 2015 and now in 2019 for the first time in 2 years again!
I think sometimes the most simple indications can have a big impact on the overall view.
For me this looks definetly and Im confident that we found some kind of a bottom.
I marked the position where we would be now if the past returns on the charts.