S&P 500 - status after a big down day.

Looking more bearish than bullish at this time. But a bounce is possible.
2 green bands out of 5.

How to use this chart:
5 Bands show 5 signals. the lines are simply to show the bands.
Band5 at top is slowest reacting, Band1 is quickest.
See band current color, if green then bullish .

Disclaimer: Not trading advice. For education only.