+================================ Told an elitetrader to early this month this month, paraphrased, yes a low has been put in ; fortunately hedged comments with comment more conservstive traders may want to wait for 50 day moving average[50dma] And early this month & now $xau leaders & some black gold leaders nicely close to 50dma. DIA & SPY look look stronger than SMH & QQQ. However SMH & QQQ can be like a sports car in the sense they tend to go faster in ANY direction. Doesnt mean one has to trade/invest them fast.