Bit more bounce. SPY back above Dec S1, so the recent lows on 12/14 & 12/18 didn't really show up on the SPY pivots. Check QQQ, DIA and IWM though, as all had pivots on or near the turns.

Yesterday's recommendation of SOXX (only USA stock index ETF that I track still above the DecP) didn't do much today. This makes me a bit skeptical of the bounce so far; when the leader doesn't lead there is not much to it. We'll see what happens the rest of the week.

That said, the last blog post asking if the oil low was in is still doing well as CL1 continuous contract held the YS1 near exact. Needs follow through but hey, for the first stab at an oil low call on this site that is pretty much nailing it!