wednesday rebound, page-4

The bounce came a day later than expected. For now at least, the US market rejected the notion of a lower low as measured by the SPX.

Perhaps the index having failed to fall below its intraday low of November 21, even if by one solitary point, did infer significance of sorts.

The candles is bullish, with the same open and low, then all the way up to the close which is less than one point under the high ---0.83 points to be exact.

Indicators have curled up from oversold bottoms