TECHNICAL RESISTANCE to the rescue

Hard bounce, stopping losses dead in their tracks at the 62% retracement level, which also coincides with lows from earlier in the month, and also coincides with the "higher low" trendline (more or less) that has been created from July.

Right now, we're unchanged day over day. So those that stayed in the float boat, take heart. It may be a bit early to call this, but after yesterday, and now today, if this 97-21+ level holds on 5.5's, this could be our new bottom from which to venture forth during the coming weeks and months.