this was in play since the first move down, expected in RTH but spilt into AH. the down move to the new low spooked me off, could not make any meaningful gains.
a few more days needed, could be a bottom or could be a ceiling, still in limbo. will find out around 2600
This coincides with the 2017 High, where all this mess started. That should be THE ULTIMATE BOTTOM. Also % wise, it goes with the previous bear markets of roughly 50% slide.
The obvious eventual chart point for the bottom is the scene of the crime ... the prior 200/2007 double top. That allows for a bit more than a 50% decline from the ATH. So, divide the ATH by two and subtract a happy meal.
Heya Mick! Where u been son? I was worried about your kangaroo ass. https://elitetrader.com/et/threads/es-journal-2019-2020.328086/page-1552#post-5040360 I already know.... all's well. Good.