Until proven otherwise, the trend remains good shorterm. However, I have begun to establish long term bear holdings. For the shorterm, as you can see from my daily trades, I have been conducting lots of "intraday" trades which have been possible by the slight volatility in the past 6 days.
Today's intraday bounce from the lows on the DOW in the last 20 minutes was positive. My charts reveal that buying interest is still present. However, the infliction point when the market actually reverses to either the downside or upside is beyond the control of any technical analysis. That said, you have to place your bets ahead of time, even on the expense of sustaining a shorterm unrealized loss.
See you all tomorrow.