The technical damage done to the bear market rally this week was profound. The market is now guilty until proven innocent, and that means a strong sustained rally back up into the formations.
"Unhappy people are better off living in the city. A person can live in the city for a hundred years and not even realize that they are already dead and rotting. They don't have time to realize this on their own; they are too busy."
Leo Tolstoy, The Kreutzer Sonata, 1889