Good analysis, as always, TERA. Glad to have you on board here.

One thing: I'd be careful to place too much trust on *daily* StochRSI. It moves fast by design, and on the daily time frame it can be a useful trading tool for individual buy/sell decisions, but to judge the likelihood of a longer-term reversal, I believe it is preferable to look at it on a weekly scale:



In which case, we see that your main point stands: We're nowhere near the oversold state we were in in June/July, timewise. That, among other things, makes me rather skeptical this bear market is over yet... even though I'm also skeptical we'll probe new lows soon -- more like a continued, reluctant decline, is what I could see in the coming month.