A low lower than the previous session and a high higher than the previous session, especially when coming along with new trend lows (like in the S&P) is the hallmark of an outside day reversal. The charts will be littered with them today. technicians will be salivating. They don’t ring a bell at tops and bottoms but some technicians will say this is as close as you can get. For the sake of my IRA, I hope they’re right.
