At the very least, go with the rule of 9,11 or 14-15% drop from a recent peak, and slow stochastic of under 10 and you will have a safer trade.
If we apply it for today, we kind of have it (13.40/15.68=15%). But the slow stochastics is not there yet.
I do like the 2 x gaps cluster that has occurred since 15.68 peak. An aggressive bounce is in the making.
Damn not easy making money.
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