steveftw and everyone reading this, i did not wish to confuse people with any words on it as i have not been able to watch the details of the Mrkt for over a week now.
However, i would guess from what i have seen, the indices should Move Down, that is the Major Move direction i believe will be down.
There has been a lot of very interesting MCO "Dances" up here in the Highest MCO positions in the past week. I can not yet explain what is happening, but indeed, it does appear to be Unique, formations. Look at the past month for both Nasdaq and NYSE, the MCO's are forming all sorts of configs. Remember the MCO's are Advances and Declines.
We are also seeing the Summations, "Lumbering" exhaustively to move more and more toward positive territory. We aren't there yet.
I still think the Bottom is in. There may be another deeper one or shallower one, but i think it is In, and we are now building Base. This will go on for several months.