Nice day for the markets. We had some decent Econ Data this a.m. This set the market off at the open and we never didnt look back. There were breakouts & movers everywhere. We finally had that oversold bounce off support we had been waiting for. the internals of the market were inconclusive. Is this the bottom? I have no clue its just 1 day and puts us smack dab right under resistance again. Im a bit wary now as we are a bit away from our support zone and right under resistance. We need to see a bit of follow through in the coming days to heal the charts as this last 5% drop on the s&p really put a dent on a lot of charts but all it takes is a good few days to let the healing begin!
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