I generated the daily technical composite yesterday at 7:20pm EDT. Even with yesterday's big rally the composite was not able to retreat to neutral. This caused me to exit the NQ short and sell 2% SDS and 2% QID. I'm currently 4%DXD, 2%SDS, and 3%EUO. Overnight the 15-minute M/A for NQ futures climbed to the current trading range. So even if I'm wrong about a final pop today I have a re-entry for NQ short nearby. The green line is the 82-unit M/A. 10 points below is the breakdown.
SP, DJ, and NQ futures are at 50-day M/A resistance, so what rally can be mustered should be nominal and short-lived.
The dollar bottom looks like it is in. It did not break above it's 10-minute M/A by more than .2% (16 ticks) last night so initial confirmation is not in. I'm using dollar as a primary confirmation for stock trend change.