Trends in all time frames are down. Short term trends that I favor are going to be off the chart oversold. We have a good chance at a vicious oversold/shortcovering rally. My ta work showed it could be delayed to Wednesday, but the gap down got my attention.
Edit: since I had a bounce could be delayed until Wednesday, it is a judgement call to plunge in here. I have that we could turn and expode up at any time.
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