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I favor the hypothesis of a TR betw 2.60 and 3.50 but I'm not going to fade the bottom, I'm going to wait for the price to bounce up with some momentum before I buy again. I think brutus's observation about testing the open again is a possibility.
Seek freedom and become captive of your desires. Seek discipline and find your liberty. - Frank Herbert
" I will follow my rules, I will take my stops, I will be disciplined and i will work with the market....NOT AGAINST IT! Professional mind control is the key"
Too much downside risk to be buying IMO. of course, anything can happen but there is 92.00 down there that could easily get tested as it was after the close yesterday and overnight.
Seek freedom and become captive of your desires. Seek discipline and find your liberty. - Frank Herbert
" I will follow my rules, I will take my stops, I will be disciplined and i will work with the market....NOT AGAINST IT! Professional mind control is the key"