TT - Do you mind me asking what extreme values you are looking at? The one I use is Slow Stoch(39) and it nailed the May 04 and May 05 bottoms, showing that this is also a major bottom and has been turning up for 3 weeks.
USD is also finding resistance at its July high and appears to be rolling over from a 70+ RSI. It would help even more if it closed below its 200dema.
I'm also liking the correlation of gold and oil. Oil appears to also have bottomed.
Jan 4 - We have transitioned into a bear market. Completely different rules apply. May 23 - IMO, any price at/above this close makes a great Nasdaq/SP500 short.