Snapshot after a key reversal day

First off, the mkt went right down to the Aug low and reversed up on big volume. This was from an oversold condition. Good potential setting up, but not a done deal yet.

http://stockcharts.com/c-sc/sc?s=$INDU&p=D&yr=0&mn=8&dy=0&i=t89704203206&r=4467.png

second, what I think is more important, is that many, and I mean many stocks had key reversal days from new lows on heavy volume. Here is a sampling from different sectors. Most of these also have or almost have BIG bullish MACD divergences. Bottom line is these stocks are probably close to tradeable bottoms, which means the market probably is too. Not that it should rip immediately, as we need to see if "V" bottoms or complex bottoms. My guess is retests and bottom building (am long all):

broker
http://stockcharts.c...7544&r=8426.png
retail
http://stockcharts.c...3099&r=6981.png
bank
http://stockcharts.c...2419&r=3811.png
tech
http://stockcharts.c...6780&r=3226.png
homebuilder
http://stockcharts.c...5232&r=9978.png
airline
http://stockcharts.c...3890&r=4341.png
guns for the depression
http://stockcharts.c...4448&r=6262.png
extreme oversold
http://stockcharts.c...5386&r=9906.png