Rebounce does happen in a bear market. We should have one due ar

We should have one due around the corner both from TA and FA.

For FA, we will have Congress vote tonight. Bears who have had a great time will not gamble, so they choose to leave with vitory in hand. Additionally, we have Chinese National Holiday at the corner so the Chinese stock market will be closed for a few days. All those factors are not such good news for bears and OK news for bulls.

For TA, SPY and DIA closed the day with a black doji, a good sign that temporary bottom is here. So by choice I think bulls should be OK by the end of tomorrow. Have your stop loss/stop gain in mind though, in case things do not turn out the way you think. Bear in mind, ES may test 1820. I doubt it will go down 1800 this year. I will leave the probability to next year.