Is This Counter Trend Move Any Different Than the Prior Three?

We've had four distinct draw down, sell offs, declines, plunges and then four distinct ricochets, rebounds, counter tran moves. So is this one any different tin the three preceding ones? Let's look at the chart again with these annotated. It wouldn't really suggest that anything's particularly different about this move than the preceding ones. And so my thinking here is that as it was overdone to the downside in mid june, i think it's overdone with the upside now here in early august. I would be selling calls against positions, fading the s p y. There are a lot of people that somehow think this fed is pivot. We'll