Surprised by the drop today. Biggest bargain in market today.
My guess is it needs some kind of retest/confirmation of lows before it can really bounce back up for good. 6.50-6.60 might be good enough, maybe 6.20-6.30 to put in the true double bottom.
Biggest does not necessary mean it won't get bigger. Without any meaningful catalyst all major index with significant gain year to date, guess what will happen for tax selling?