Keep it simple stupid

Wow, I haven't looked at a single stock chart in a week because I've been busy moving and closing on my new home... I've been all cash for a couple of weeks now and thank goodness I haven't jumped in. I took a look today because I saw some headline about the market entering bear market territory and holy crap we just retraced the entire length of the 2008 recession in a month.

At first blush the Gann Square looks pretty relevant here. Most scalpers aren't gonna participate until the .382 retrace. That's where I'd start, but I don't think this thing's done until the 2x1 is hit.