There are bullish patterns on XLF, DIA, SPY, IYT
Bearish patterns on VXX, TZA
A bullish AB CD on QQQ
Market can still flush down more but the oods for a huge upward spike seem quite good at this zone.
Also the TRIN hit the same extreme oversold reading as on February 2 2018 on an intraday reading.
If the market prints an inside day tomorrow and Wednesday until 2pm also, then gives scenario more credibility.
Of the course the patterns can also fail and we could break below 2529, in that case the selling could be crash type of action.
I guess it all depends on the Fed, they need to not raise rates and then say they will do only one next year or none.
See PDF
https://drive.google...2v_eMWnpezT2BEG