While there is def a possibility of a further drop, the current price historically provides another good entry point.
Might be a good opp to go along again to 160 or so
Have to go back to last May to find this many red closes in a row.
Bounce to 60. Great entry point. Half in now, half in 57.50; stop 56
A little early but could be profitable to the long side in the coming weeks.
Looking for a move closer to the trendline.