Taking out Tuesday's lows in the major indexes would create a pattern recognition set-up for a much steeper decline via Elliott Wave analysis. Recent intra-day volatility demands we wait until later in the day to reach any tradable conclusions. We could be looking at one hell of an opportunity...on the short side. If you are following OSTK, it triggered a Sell Signal late yesterday, while bitcoin's downtrend continues, trading just above round number support at 9,000. Consider the OSTK Mar $65 Put. OSTK was in the 30's before the mania began.
