Nothing has changed with the forecast as the market is still on track to bottom into next Monday/Tuesday. It's just missing that one big down day where it flushes out all the bulls, and that means it should go below the 12/20 prior low by some good amount to hit all the stops, so around the 11/4 low would be the target.
I don't know if we pierce it too, and hit those stops, or if it stops short of it and turns back up. It's really going to be based on "time", which when it runs out for the bears it's over with and the bulls get the ball for several weeks. I think it will starting next week, not today. This move up should fade and is just normal to see when short term charts get oversold.
There is still a missing flush out drop coming in my opinion, and it should happen today, tomorrow, or Monday.  Then I think we turn back up strongly for a rally into mid-late January before we rollover again for another trip down hard in February.
Have a blessed day.
