Must be true. Kim Kardashian is getting married today.There's a double bottom.
There was a double bottom on Aug 8 & 10. That one has already played out.There could be a second if SPY drops below 110.27.
look on a multi-year chart, that will change your opinion. This is not a double bottom, it is a pause on the way down. This movement is part of a larger temporal frame, not solely due to EU and recession fears.
We've taken a one year round trip since Jackson Hole, putting us back near that support zone. It might inspire some buying interest, especially with treasuries and gold immensely overbought.
Until it isn't.