"It is what it is department" "LL" is key word. Patience, React, and Don't predict.....How do you react to a breakdown? know where your money is....
A daily trend following got stop out as of Friday. rip will be sold from here.
Momentum is waning down, leave it to the hero to catch the falling knife.
Then and now, no reversal to call to until then....
Swing setup: sell until it fails. there will be no bottom until this sell fails.
Intraday: same playbook, keep it simple, if we get 1 minute right we should get 5 min. right and daily righ as well. it just another day for us day trading. Peace!
My comments are for entertainment/educational purpose only. NOT a trade advice.