Friday selloffs, Monday rallies are all too common...
Where we go from here the rest of the week will tell us the real story. If this is the beginning of the upward reversal I hope it is, then we will at least stabilize with a few upside pops here and there the rest of the week.
Of course, a strong quick runup from here would be a nice surprize.
But although I'm cautiously optimistic that we have seen a bottom, a retest of the recent lows would not be unusual before we move back up again.
All we can do is watch, wait, and hope for continued buying support.
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