DislikedMike you are so correct but why dont some in here ever learn. The people that move the market dont sell as market is going down. They buy in these situations when the market is going down.
Push it down as much as you can get the retail traders selling into holes and you make lots of money.
Principles of buying low and selling high hasnt changed.Ignored
You're right in that buying at lows and selling at highs is what you want to do, but as far as I know the big players don't trade the small time frames, and they won't be buying significantly until it reaches a bottom- and there is no evidence that there is a medium term bottom in place