Intraday chart has made lower high:
Not much can be said. Lately, polish stock market is weak comparing to other European markets:
Us markets are on the upper band of triangle (see this post) - I think the direction of breakout from this formation will show us the short-term and medium-term trend (but it has to be also confirmed with weekly peeks). See today's video from Brian Shannon.
Very interesting article (here) from Brett Steenbarger about past market bottoms. From example bear markets 1970, 1974, 1987 and 2002/2003 seems the bottom can occur likewise after panic or long console. Therefore, nothing is guaranteed.
And, the famous letter from Andrew Lahde (here or here).
Sources:
[http://lolfed.com/2008/10/18/andrew-lahde-will-never-again-get-a-table-at-dorsia/]
[http://www.bloomberg.com/apps/news?pid=20601087&sid=aVUE96d.HKyw&refer=home]
[http://seekingalpha.com/article/100479-will-we-know-when-we-ve-made-a-low]
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