Wow, that was a nasty little rally! I'm sorry to keep trotting out the same idea, but here's the "theme" I'm working with:
If the /ES wound up crossing above, oh, about 865 or so, I'd say the bears (clearing throat, pointing at self) are in trouble for now. Today provided some relief for the bulls and allowed the market to absorb and adjust to yesterday's tumble. I think it's pretty crucial for the bearish case for tomorrow to be a down day.
Friendly reminder to those who didn't see it earlier to please check out my survey and, if appropriate, fill it out; thanks.
