My view is that all the action on daily since Sept 17th looks corrective. It's all in the same channels. Based on that I can't see it going much lower as the A-B-C pattern appears complete. So I'm buying and expect a continuation of the initial move up. It also fits with the monthly picture - I think we're on wave E of the triangle (we've had the initial A and B moves of this final wave so we should get the last C move up before a big crash).
