Okay now that the market is nearing it's September lows, and showing a nice bounce from what seemed like a terrible day where do we go from here?Hmm...I think your premise does not really hold water as there was no bounce yet. Yes, the indices closed in the upper part of their daily range but they have not broken high of that day. For the bounce we would need a bar with a higher low and a higher high, preferrably, on a very solid volume. Until then, we are still in a downswing.
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