we are entering the phase: 'Common Man's Bargain'
this is the phase where people look at the relative bargains and try to knife catch, this whole week will be like this. The knives will prove deadly. As their stops get hit on their preemptive longs.
New lows will be made next week. And a possible chance for a bottom.
If you want to learn from the great ones, its very easy. They can't hide what they are doing in the markets. The shear volume and orderflow and size pummels the market. Learn from history. And learn from this price action.