The bottom might be in.
Major Indexes are bullish but elevated. Taking some profits and waiting for the Fed.
Retaking the 2800 neckline area invalidates the H&S pattern and makes turns the outlook quite bullish.
XLI reversed at the expected Fib level. Expecting the advance to halt below 76.
Further instability likely. ES 2650 area definitely in play. RTY close to 39 month moving average. Elevated fear in market.