Buckle Up - Posted by Coolhand

Was today's positive action a precursor to a bigger move? Early positioning? I don't want to read too much into it, but it's possible. We know the smart money has not been embracing weakness either.

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The charts are not much changed, but is momentum ready to turn up? It looks like it might be.

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Breadth remains bearish, but it has been trending up the past few trading days.

Well, the big day is upon us. It's going to be crazy. While I remain modestly bullish I also know that things can get chaotic. There is a lot of emotion out there and how that affects the markets will be interesting, if not unnerving. I am not talking about tomorrow's action so much as the days and weeks ahead. Buckle up.
 
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