Where is the bottom

I don't think we have seen the bottom,  I think the current trend is still the same

Also there is the baby boomers who's entire retirement savings is in the stock market,  They need to sell there stocks to support themselves.

Also I think we will see more dives when it becomes evident that company's continue to make smaller profits and go bankrupt.
st

So,  No I don't think the past few months of turbulence has released all the kinetic energy built up from the past few decades of compounded leveraging within the stock market