long, tough "Slog" and I doubt that it is over yet. Today's data suggests a couple more down days. If I have understood ITZ correctly, I think he says sometimes when a search is being made for a bottom, there will be a final washout that will come just before the trough. The gradual lower trend does not feel like a washout yet.
I am thinking about placing some long ZZZs or GGGs on top of the summer futures that I have..