Here is a broad look at the whole move.... I like the look of this. Today(MONDAY) being the 4th wave and now we are working on the 5th. This is consistent with this being the start of a 5th wave. Nasdaq
Here is our leadership, the R2k..... Showing Bullish....Nearterm. Another Bullish indicator would be the Regional Banks after selling off hard this morning, Caught a significant bid after that.
I'd say this is neutral to bullish, maybe a short covering rally tomorrow....
Of course this is what I expected today, and the instinct that I didn't listen to.
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