Today we're getting the bounce back from yesterdays big selloff, the worst of 2021. Here's a look at where we stand mid-day in the S&P 500. The red candle yesterday (next to the big green one on the right) is known as a "doji" or a spinning top. The classic candle looks like the image below and what happens next is usually a reversal of whatever trend has been in play. After 4 down sessions in a row, this was one clue that yesterdays selloff was temporary. The other clue was that the selloff touched the lower support line of a very intact upward channel, as seen in the chart below. These clues have led to a big bounce back today, as seen in that giant green candle on the right-hand side of the chart. This confirms (again) the upward trend of the S&P500 and confirms the view that being fully invested is indeed the best strategy at the moment...even though big down days like yesterday WILL happen. And this is why PRO accounts actively trade: because we have an "edge" in identifying technical patterns and using advanced market analysis. These patterns aren't always correct, no system is perfect. But, in days like yesterday, we can find some comfort in seeing the bigger picture and by seeing the forest for the trees. New trades are on deck in #IndexPRO #StockPRO and #OptionsPRO today so watch for alerts in the trading rooms!