Not very much to say (edit: oh wait, I had some inspiration apparently). Just checkin' in myself at my main station, after returning from some business 'out of base'.
Finally, after various failed attempts to gain something on the long side by playing the bounce (quite time consuming, with on multiple occasions stops triggered and hence re-entries needed), I had a valid ticket for a train heading north for more than one lousy station.
I was too eager and early in hindsight yesterday, and I should have been more diligent, patient and yeah altogether more 'wise'. There was no symmetry at all in play at those first bounces. Given the intensity of selling coming from an important consolidation zone, one could reasonably expect that the market would at minimum need some time and space to absorb that action.
One could even reasonably state that I was playing Mr. Dumb and Dumber by not being involved in shorting the market at any given time yesterday.
That's a (known but not fully addressed) issue of mine when I am tumble in 'countertrend bounce'-mode. My mental bandwidth risks to get too much affected by it, hence not leaving the required oversight to play the market on both sides.
In the case of yesterday, clear cut chances have emerged on both the long as the short side, and by far not far fetched ones. It's a retrospective assessment - not subject to all the noise and flaws that are inherent to live action -, but that makes it not less true.
It was a quite substantial bounce from the yesterday low, and it has in a rather swift and direct manner reached the first important horizontal support on the chart. You cannot reasonably ask more from a bounce-play.
Price has dropped from there. I don't rule out at all we go higher later today/night, but it's out of the primary scope of that bounce-play.
I will probably take a closer look at the market sooner than later. If I think I have some reference points to share going forward, I will post it here.