Bottoming

The market is bottoming.  We got the strong rally off 1353 and this confirms that we're going to eventually go higher.  But I do believe that we have to consolidate this bottom for a few more days before we can go back to new 52 week highs but eventually we'll be back to 1420 and higher.  It will be hard for this market to break 1350.  Those looking for 1340 and lower are begging to get squeezed when we finish this correction.