Only 16% of SPX stocks are above their 50 day Moving Averages
The market has returned to the oversold bottom last seen in February.
Summation indices still falling. NASD means tech stocks and they roared to new highs and have been hit hardest as a group on the sell off.
New lows are still 8-9x new highs. And October finally comes to an end tomorrow. But the election next Tuesday is surely a wild card in how this ends.
NYSE sets lower low on the reversal yesterday
SPX looks better but no turn up in the PMO indicator at bottom on this chart as well
Professor Elam 
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