Today is also a turning point so we should see a low at least on a intraday or closing basis.
On what other basis could it be?
Joking aside, can you comment on this rule "intraday or closing basis"?
I am especially interested if that low on turning point is based on closing, what can happen intraday?
In that case, you could have intraday low any day before or after. How should one place stop loss in that case?