In last nights video I said there were “encouraging signs” such as the market recapturing the 2 day VWAP. I also pointed out the possibility that the markets have formed a higher low yesterday (which might be the basis of a right shoulder in an invereted h&s pattern) but a break below those levels could spell further trouble. We remain in a bear market, if I confused you by sounding bullish I apologize. To be clear, I expect that the bear market will need a lot of time to heal before any potential bullish scenario can hold for more than just a short term trade. The market remains GUILTY UNTIL PROVEN INNOCENT but if it rallies, I will be aboard with tight stops and reasonable share size. Risk management remains job #1, ALWAYS!