Forming the U

So this is what a U bottom feels like.  It is much more gut wrenching than a V bottom.  Because the longs get tested over and over again.  The IEA crude oil news is a short term positive for the market, even if it drags down energy stocks temporarily.  And that Greece news coming right before the final hour couldn't have been scripted any better.  It was a shot to the shorts when they were least expecting it.  I am expecting further strength tomorrow intraday.  Not sure about the gap tomorrow however.