Even if the bounce happen today which I wouldn't bet on it...... I'll wait to decide tomorrow.
Still Only the Big caps would come back.
You still wouldn't have big small cap day trading % winners.
That's got to wait now.
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Large cap mkt performance shows that there are participants in the market. When Big $ is happy it means that it can trickle down into smaller caps.
Hedge funds / private offices also have general rules that outline trading behavior during market sentiment.
Gotta listen to big $
For the S&P500 would it be the bottom around 4598 if it holds? Cheers Master