3/31 10:00

Had the 5-wave decline ended below yesterday's low I would have declared it the bottom of wave 2.  Because it was not then there was more decline to follow.
Bought 5% SSO 41.84 at end of extended 5-wave.  Stop at SPX 1165.70.
Here is the chart of the wave 2 decline since yesterday:

Here is the wave 1 and wave 2, pointing to advance from here: