It's down nicely and I do like to pick bottoms here and there and this is one of those.  I am in at 601 and will play this for daytrading purposes today trying to get as many buys and sells in.  I will document the short-term moves but will write about the strategy in the next paragraph

Note there is a decent buy block near 500 and psychology number.  I am buying again over there next if it goes there but only if it keeps going straight down.  Once a rally of any sort happens than I will remove or at least re-adjust the situation.

https://bittrexblobstorage.blob.core.windows.net/public/d59f7cb4-4607-4ea5-83a1-21d54d3a13fe.png

The hourly chart below has a high of 978 and therefore I will sell at a 38.2% retracement and 61.8% retracement meanwhile try to scalp the highs and lows through the rest of the night when I feel like it on the 15m chart even.  I will keep buying small amounts more on this decline because markets do not go straight up and straight down and therefore I love my original entry position.  I'll place other buy orders in every 50 or basis point drop.  

Derek.

https://bittrexblobstorage.blob.core.windows.net/public/3c9c9c8f-28f2-464b-94ad-39d7790eac04.png