No I'm not calling it anything right now, need to see more days...

No I'm not calling it anything right now, need to see more days before the picture will become a little bit more clear, just throwing up a couple of ideas on how things might form up. Given how far the NASDAQ is off the high before today and the Australian dollar looking like a potential ShakeOut low, it's very possible that today is the low - it could also easily turn into a proper bear market here too or anything in between

Clarity closed on the 50-day moving average, which is often a place where institutions will support a stock, that would be the hopium outcome. I'd certainly like to see the index funds having to start buying this from much higher than here

but looking through stock charts tonight a lot of them will need time now to rebase so even if today is the low, it's probably going to be at least a week or two before things are ready to go