Reflex Rally?

Ah, so the last few days have been a "reflex rally." Got it.

I suppose if that's the case, the the overnight 4.5% surge in the Nikkei was as well. But what if the previous sell off was a reflex sell off? Then what is this?

Who knows!

Anyway, I get the point and understand the argument. I'm of the belief that we have more to do and may be in a trading range represented by the previous highs and the 6% correction.

Economic news out today a little weaker than expected. And the rumors are there may be some tech warnings coming.

Keep your eyes peeled for reflex reactions, in either direction.