The instability may last into Wednesday's Fed meeting.
The selling pressure may persist.
Look for a consolidation and bounce.
An aggressive reversal might signal a larger-scale correction.
There’s a strongly positive seasonal bias, but momentum is pointed in the wrong direction.
The tape ignored positive seasonal bias.
Look for the beaten-down bulls to continue their recovery.
It might offer flipping opportunities.
Those positions might not offer instant profits, but a measured approach should pay off.
The highest relative strength issues will likely post the strongest upside.