I agree with Matt / Steve that we may have a multi-week or multi-month bear rally ahead of us.  I think this plays out as one massive A-B-C and I suspect this bear rally will be very choppy and be full of smaller A-B-C moves as opposed to anything impulsive.  If this bounce is to be corrective, followed by another impulse down, then we do have to expect lots of overlapping waves here. I think its going to be a choppy ride until September.


    Reducing order sizes might be a good idea to avoid getting chopped up too badly.

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