Dec. 22 at 4:42 AM
$SPY reclaiming the trend line and very strong bounce off lows which is very bullish.
A lot of the smaller cap names got huge bounces off the lows as well and breadth is looking quite good once again which is a green flag.
Overall lot of big caps are leading this move like
$GOOGL $AAPL etc. IF we lose that 650 support level, then there is a chance we can enter a larger correction.
But for now the trend is up so follow the trend until it changes. A lot of money has been lost in opportunity cost by calling for tops