Rsi needs to bullishly diverge further, so the drop in price should be larger. There's really little room to judge this as a lower low that could hold. Around 40 is an area that might induce bullish activity. I wouldn't look for a long entry right now, but there will be one eventually. This is damage that will last up to the monthly.
Vwma has turned down, and qqe is still short.
Comment:
You don't need to be a stock market guru to see this is a falling knife
Comment:
This might be an area to topfish futures
Comment:
Here's the bullish alternative on the 1 min