It's hard to be bearish looking at this chart...

There is a lot of fear out there, but should there be?

We have already fallen almost 60% from the highs to the lows.

The easy money has been made...

Are we going to go down another 60% from here?

We might, but it will take time to play out if it does happen.

The plummet happened already, and now the price is starting to stabilize.

The odds play is a bounce at the very least from here if not an outright reversal.

If I was short, it would hard for me to continue to be short looking at this chart.

Let it bounce and the re-evaluate getting short again..