Replies to post #36444 on Bagman's charts, watchlists, scans and etc.

[Jimski]

Nothings changed IMO except that we are still consolidating the previous declines in wave 4. These large one day wonder advances are typical of a bear market. I'd rather see a dieoff of volatility and small candles and volume drop to convince me the conditions for the next sustained upturn are here. So at this point IMO looks like a bull trap and I will stay on the sidelines. These huge swings are great for daytraders but I cannot watch much during the day right now so I'll wait for calmer waters.