24 Feb 2016 - 2000 The Odyssey?

So is this the start of C-wave to the 2000 range?  The impulsive move today right after the lows has shown an eagerness to push beyond reason.  While many have been left scratching their heads wondering where this rally came from, we have analyzed this rally as a possible scenario.  It is also why we do not trade anything counter trending when signals are in OB/OS territory.  In this case OB.

Many including me were fooled today into thinking that a great chance the rally is over, only to be told by my signal "I told you so".  The reason for this is how far down prices achieved this morning, and how much shallower my anticipation of a low would be before a rally.  The signal is still up trending at this moment so shorts should just wait it out and be patient.

SEN: Bearish
ST: UP
PA: UP