SOME NUMBERS
Markets seem to have found temporary bottom at the SMA 200 on the SPX at 887- all the other significant moving averages to the North.
Other indicators look to be on the oversold side of the the ledger as follows:
RSI (2) levels as follows:
SPX 8;
DJIA 12;
NAZ 8;
NDX 6;
Even the VIX is a little bit over bought with a level of 30.4 and about 9% North of its SMA 10.
This fish looking to get long on the next dip for a quick flip for now.
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