If we had a P/C ratio yesterday under .42, maybe I would have an immediate turn, but even yesterday we had only .49 (and coming into this, not many sub .5 readings even if you take QQQ shenanigans into accounts, which yesterday would at worst lowered that to .47)., Maybe another few days, maybe a relapse and another run (like we had from mid April to May first last year and then a 10 days furious 160 or so Naz points run to may 15th).
Zeev