we did regain yesterdays low after purging most long positions out below 2300 last night.
i think we see a relief rally towards $3000, where the chart can start to rebuild.
alot of retail guys are calling for a bigger crash which gives us indication for a bounce
an oversold bounce is due , even if we are heading low which is likely i think we retest some EMas on a oversold bounce...
I am more of a buyer than seller after 6 straight red weeks... especially with the oscillator at minus 62