Yeah, anyone thinking this is the bottom and wanting to catch the falling knife for us I am down for. But, right now my biases are.... 15min Short to flat Hour Short Daily Long (that one is for you BUY1SELL2)
Market is forming what I call "the big dipper" Pray to ... that price action does not get back below 1080. The big dipper is something I noticed back in 2008 before the crash there. You can see it similar on the weekly chart starting August 2008 and daily charts in September. You can also see it around 2000 in the NASDAQ. Hopefully 1125 holds.
seems like a certainty that we're gonna test the lows that we made last week quite soon. Have to wait and see what it does when it gets down there, I guess.