I just went long at 53, stop at 43. Expecting the 100 DMA to hold. Edit: I might move the stop a few points lower if we go and retest the 100 DMA. Will depend on the strengt of the move. Edit 2: Stop at 38 now, will not set it any lower.
My targeted long entry is around 2630, based on the hourly chart plus we have to put in a second bottom before a meaningful counter trend rally.
Looks like 55-50 is acting as resistance now. Out at 45, 3 point loss. I will be looking to go long if we get above 60 again.