If I were right, market might rebound a bit here. Then, there is a good chance market will drop slightly below this low before having a bigger re-bounce. I'll wait until then to buy some calls as a swing trade. Catching a falling knife here is quite risky.
would it possible a big red day today? We just drop below the daily BB.
in the past it might drop further or rebound here. But BB is so tight here for long, we might be due to open up the BB, meaning drop further on daily chart. You guys are good intra day