I thought yesterday's reaction at the year low was a bit interesting. Price was just sitting there and not much happening. Wasn't the fact that we didn't break lower a small clue that maybe we could be finding a temporary bottom...?
No temporary bottom in a WAVE 3. When it happens we will get a nice long-legged doji
Dow down 600
SPX down 100
Nas down 400
And all I'm dong is standing in a doorway
Tryong to make some sense of it all





