"The Aroon Oscillator signals an upward trend is underway when it is above zero and a downward trend is underway when it falls below zero. The farther away the oscillator is from the zero line, the stronger the trend. Values above 70 indicate a strong trend in the same direction as the Aroon (up or down) is under way http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:aroon#aroon_oscillator
Maurice in his analysis mentioned Aroon above 70 as a bottom. Sorry, but I disagree. I have no doubt, that the bear rally is underway, but nobody mentioned only one thing: what IF ( a big one) GDP for the second quarter is going to be negative? Do you know what is going to happen to the market? Have a nice weekend, Rab