Here is a very important long term trend/fractal I've been observing for some time:
We've been breaking out of descending triangles with each new triangle creating a lower angle. Since the beginning of the year I've been expecting this and I continue to speculate that we'll see a cup and handle. The price movements haven't been completely flat. So we might have one more fractal and then go on a steady climb almost making a symmetrical picture.
It's hard to think of a better entry point. We may or may not have to wait longer for a bull market to resume and we may or may not get a better low. But we will see some good movements at least by the end of the year.
That's just my opinion.