Great TA as always foxi. I'll simplify it a little....
1. The push down continues until the day when Charles removes his muzzle and breaks the over promise-under deliver streak. Nothing shy of this will end the push down. Retail has proven time and time again, that they are not coming back until Charles actually delivers something.
2. There is no bottom. The bottom will only be defined by the next RSI reset, which I don't expect until early to mid January at best. However, as long as muzzle status continues and the over promise-under deliver streak continues, we will only spike to about 05 at the next RSI reset, then back to the push down (unless Charles ends it). Lower lows, Lower highs, as shown by the past several RSI resets over the past 19-20 months...
3. As long as PUMA remains unchecked in complete control, a push into the 02's or lower is inevitable.
AT the end of the day, we will continue being beat down day in / day out, until Charles does something about it.
For today, I'm pretty sure 04s are gone (maybe a couple right at the open, but that's it), and they'll lock 04 in as the new artificial ceiling, as they push to drop it to 035. Truthfully I wouldn't even be surprised to see a last minute pre-market fakedown to open us. Sucks, but I tried to tell everyone that this was coming more than a month ago.