Keep in mind that the Philly Fed Manufacturing Index came in strong. It could have been enough to kill the bears.
two waves completed, final wave will have to wait. how high not sure, at the moment could be around 91.50 mark.
One promising sign for a continued downtrend is the bounce off the 34 EMA on a 60 min chart. But I'm not super confident in any position right now.
Other than strong trend days, I typically get short and long signals but then again I aim for modest gains (and of course fewer and more modest losses)...Don't have the patience for backfill action.