So my gut tells me. I have a short order ready to be fired at 853. But then again, who can know for sure in this kinda market?
You mean 34.75, right? Regarding S3 levels, I did a test on S3 on SPY a couple of years ago: buy S3, get out at close. Something around 29% annual returns non-compounded since 1993.
I think we are at or near the end of this move down. Rally for about a week, or until end of month, then another leg down. But I could be wrong.