What I've posted is not my own analyses, but you think you know better, than professionals do?
What we have now is the classic Double Bottom. This formation is usually marks an intermediate or long-term change in trend.
Both candlestick patterns: Hammer and Bullish Engulfing are indicating a bearish trend reversal.
Cheer up jwn! Buy low, sell high. Remember: those, who are trying to pick the absolute bottom and the highest top are ended up loosing big time.