Looking at longer term big picture, no signs of a bottom yet, but I think we've temporarily bottomed. Dow resting on 20,000, Nasdaq resting on 7000 give or take a couple of points. We've got nice long monthly bar down but we haven't matched 2008 for the size drop overall. The volume bar this month looks like an exhaustion type thing but often exhaustion volume bars are near bottoms, not actually on the bottom. I reckon we'll get a dummy rally here, maybe a repeat on last Friday where the shorts covered going into the weekend, still 2 more trading days to go however.
I was out and about today and noticed that people are going about their business and shopping etc except for restaurants and bars. On Fox they had a guest who said online sales are booming. The economy at large is in great shape and barring some surprise catalyst, we are very healthy economy-wise right now.