New Six Year Low

"About Time Someone Bit Back!"

2D, 5m. - Mar. 3 - Fibonacci Retracement (resistance) held at 38 & 50% and then there was a good CCI signal for a "JA" trade to the downside (Gold Spots).
20D, 60m. - Mar. 3 - Day 15 of Bear Potato.  Close was at new lows of the past 6 years.
5M, Daily - Mar. 3 - Nov. lows did not offer support.  Close is at new 6 year low.  Trend continues to be down.  What more can be said.  The market is very oversold (note CCI) so short positions can be risky for option trading.