Watch how the action develops from here and stay ready to move accordingly -- surprise news could to determine how the market breaks out of its current trading range.
After the wild ride in late summer, several charts now give reason for concern.
Uncertainty spreads as it's never clear what the U.S. president will say or tweet next in the tariff spat with China.
It appeared we wouldn't be short-term overbought until Tuesday and then market tricked us by turning down Friday.
We've got some far out readings and we could brush them off as outliers ... but here's what happened when I did that once in late 2007....
With uncertainty around what Fed Chair Jerome Powell might say Friday, it's unclear how much dovishness will take the market higher.
It's easy to get fired up over fear, rumors and headlines, but don't make bad decisions without good data and research.
The challenge now is to figure out when this oversold rally will have run its course, so we can come back down again.
The action on Monday sees lots of green but little energy as nearly all the gains were created by the gap-up open.
Sure breadth was green, but Thursday's rally was still pathetic, especially as net volume was negative by almost a billion shares.