Stock Market -- Short Term Technical

In the market technical post back on 2/1, I opined that the market
erosion had yielded up a tradeworthy oversold. We wound up with
an interval of choppy waters suitable for day traders, but a more
solid rally did start up last week. The significant short term oversold
has been eliminated. There is now upside to 1130 -1140 before a
challenging overbought would be in place.

Thanks for the rally. I'll leave the remaining short term upside to
others as I am curious whether some cyclic themes will play out
which suggest a more definitive shorter run bottom over the next
5 - 10 odd trading days. And, "curious" is the operant term here.
I have seen cycle action get busted enough times not to get
religious about them. But, since this cyclic play is one I happened
upon without any coaching, I look forward with enjoyment to see
if it plays out or if it is a mere passing phase.

S&P 500 chart.