Boxes being checked. The VIX is down, not enough, but it is going down.
Rates are tame. You want a real rip-snorter, you get rates down. Not yet. But can you imagine?
Oil is up, so necessary because the algos seem to freak out when oil goes down in price.
The semiconductors are finally acting better although the leadership is murky given that Nvidia (NVDA) is being pancaked by reports that Amazon (AMZN) is developing its own machine-learning chips. Amazon is said to be a big customer of Nvidia (another Action Alerts PLUS holding).
Still early but when boxes are checked, it's good news for the bulls.