@alimannn, Thank you for your interest and response. There could certainly be more downside, yet the market will find opportunity for buyers when it gets oversold at areas of structure where there may be support. However, I would be careful using oscillators ( RSI, Stoc, CCI, MACD, Moving Ave...etc ) in markets that are barely trending: they will burn you. They are better in markets with good trending...and you may better using reverse divergence ( indirect divergence ). I welcome your charts and participation. If you find a good market with good opportunity, please post it. I am much more familiar with futures and currency markets, but would like to see some good US equity markets that are in the 20-50 dollar range, and not IPO's for traders not ready for futures and currencies.