Getting better

If yesterday would have been a big up day no telling what the indicators would say. I have seen quite a jump in some of them, especially the very one I place my market turns on. None of the indicators have turned bullish yet and most have a lot of ground to make up. The momentum was down so far it should take some time to turn this market around. Anything could happen of course and that is why I follow the market and not anticipate it.

A possible scenario (if this is really some kind of bottom) is the market might have a pull-back very soon and test the lows. After all, this is a Secular Bear Market and an intermediate Bear trend too. Markets usually do not turn on a dime because there are still a lot of overly cautious people and they would take "profits" if they heard some bad news or saw the market falling.
In a way I hope this little rally does not continue tomorrow so the momentum can "catch-up." If the market is really going to change direction it can do so in a nice orderly fashion. Of course I may be in the minority feeling this way!
On the other hand this could just be a rally in the Bear Market and gloom and doom would continue. I hope this is not so.