except the extreme levels of tick nyse and tick nasdaq, this is a perfect example of a tradable daily low. these are the signs:
- all the four markets are rushing down, inducing panic of need to sell NOW for stupid (reactive) people, whose liquidity will be abused to move the market against them
- there is no intermarket divergence, thus i don´t need to be afraid of an abuse of buyers´ liquidity to move the price lower
- easily distinguishable volume clusters on the way down, therefore i know exactly the potential and risk of this trade
- wtr tape reader clearly shows diminishing power of sellers at the new prices, where from i know precisely when to click to take the trade
- market auction is perfectly unbalanced in the terms of lots of sellers being drawn into the market, therefore at least a part of them has to lose their money
- the distribution of volume on my entry footprint does not hold any strong elements of risk in the sense that there are not too much buyers yet - i am one of the first/fast who jumped long into this slump
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