29.16% of US Stocks above their 20 day average
36.31% of US Stocks above their 50 day average
Market Bias: Neutral, but starting to make the turn to bullish
Predictability Confidence: Low, but should be improving in next week
Today the market swung wildly in the pre markets and ended the day notably negative again. I think we could definitely see a bounce to the upside tomorrow, but I don't see us at an entry point. One of my five indicators is now indicating a bullish turn, but it usually leads the true entry point by a few days to a week.