This is what I am seeing regardless of the changes

This is what I am seeing regardless of the changes to naked short selling. We saw 2 down cycles recently. Each was a 6 day downward trend followed by an up cycle for a 2 - 3 day run.  One from Feb 24th - Mar 4th and one Mar 7th - Mar 14th.  Each of them also started with a Day 1 opening spike up.  I believe we are on Day 3 today of the next similar cycle.  The cycle should end Monday or Tuesday.

The first of the last two cycles saw a dramatic 63% decrease from the top to the bottom.  The second saw a much less range of 28% top to bottom.

Two questions, how long will this down cycle be and what will the range of decline from the top to the bottom be?

I am thinking a down cycle of a bit less days, and a percentage of less magnitude as well.  I think the bottom is on Monday or Tuesday morning and at 22% for a bottom PPS of .0795

I am a Long FITX holder and will be for quite some time.

What is nice to see about these cycles is that it is settling at a higher low from the previous cycle and the percentage of decline to the bottom is much less.