But I think we still have one more leg down.
How far this bounce rises will tell a lot.
Of course, lots of folks are calling for 1k and such.
Sure that is possible as well, but for now I am looking to catch the serious retrace up.
This is a followup to my previous Idea looking for ''the bottom'':
In the above plan, I got TWO trades from the 3500 zone to the 4000 zone!
Rarely does any asset give you two such opportunities, and I gotta admit the second long was a bit scary....
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And now we wait. I have closed most of position, with trailing stop on rest. If we break 4044 again and truly hold it as support, I might jump back in. otherwise, hoping to next leg lower to plot and catch that bounce.