Hey Elena, nice to hear from you, again. I think this market is running on emotion, plusses and minuses. Mostly the latter. It will overdo the decline as well as it likes to overdo the rise. I am just nibbling away and trimming a few positions, but I think this time we may see a fairly clear case for reversal at one point.
By the way, if we do not hold 10,200, and we may very well not, then DJI 10,000 is not impossible.....and soon. A nice pullback to 9700 could be the signal that the weak hearts are gone and it is time to back up the truck and buy.