What else is there to say?
I am going to stop posting pivot levels because it takes quite a bit of time to draw them up on a bunch of charts especially when I don't use most of them. I have only annotated SPY today because I have a small trade on it.
At any rate, the harmonic pattern I thought may be developing is still in play but it is an extension at this point. A bullish crab puts a buy level around where the following weekly chart shows support:
This chart is probably fairly blurry, but you will find it in my public StockCharts list.
Bottom line, looking at the VIX and other indicators, I think capitulation is near. Maybe even tomorrow.
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