This could cascade down here. If it does not, this is a massive dip buy area for a short term snap back up into the moving averages.
I am entering a second long position to the one from Friday afternoon. I won't marry these positions if they go against me as there is a chance for a big wave down.
Chart:
There is always a bull path and a bear path. We cannot know which path our future will choose. As always, do your own due diligence, read the disclaimer, and make your own investment decisions.
Peace, Om,
SoulJester