The market is never to low to short.
In 2000, the NDX100 was down 35% off its high, many took out a 2nd mortgage & racked up CC loans to buy the dip. To bad it plunges down another 49%.
In the dot com bull, Nortel was a core tech holding like the FANG stocks are today.
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True that, just look at platinum today, never too high to buy either, look at palladium rally since the last few years,,,one day to eliminate the thinking is using the MACD, weekly prefered on indexes,, although daily can still work, problem is, most people including myself get bored because even on a daily signal it stays in force usually for 25-40 days