I think people are trading/selling because of fear, only a small fart from China is needed to bring the price down, I am getting sick of watching the price, I think people will still panic because of the uncertainty, no matter what others will tell them....
it is just humans being humans, I will guess that we will trade in a down trend waves through mid-end of April, just then people get confidence back, unless some official statement from the central bank from china will be released.... what will be the low? I have no idea!!! looking at market sentiment I would say we will go lower than 400....