10/17 Recap

Quite the rally we had today. The SPY opened with a big gap up and closed even higher. We closed over both the 8 and 10 ema. We did this 2 days ago and followed up with a move lower. This time though, the MACD turned green showing some strength in the buying. We still have a ton of technical damage to fix before I can say this bear market is over, but t…