The mere fact that the 1200-1150 area did not hold is chilling. I am looking at the 800-731 area to initiate the next long. But damn, the chart says we could even touch 600. Time to update the history books. I wasn't kidding you when I said if the 1200-1150 area did not hold, last one out shut the lights.
Just play the plays. This thing could bounce anywhere from here to 940. Someones trying to hold it up here.
This could be the short-term bottom before we blast higher. 951-953 has lotss of confluence on my chart although the setup would still be valid down to 942.