that's a fantastic chart Andrew . Having been through situations like this many times with varied success there are always fundamental and technical reasons given as to why the market must rally either short term or more sustainably , but you're always swimming against the tide.
Fundamentally , what possible factors lie out there that could take the market up with any sustainable basis ?? . Technically most of the charts I'm looking at have either broken down or look like they're about to ,apart from gold which as far as I can tell is still in uptrend .
Therefore imo there are tradng opportunities but the trend is down and until that changes you ain't gunna make any money without substantial risk on the long side .It's hard to be patient when yo want to make money but it's the quick and the dead atm , unless you're extremely experienced you're better off observing
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