Short Term Alert: bullish pattern good for now

Last Thursday's rebound from an early morning big sell-off had a potential of a bullish pattern developing from several major indexes (like the FXI (China) and GLD (gold) indexes.) Should had posted this earlier but waited too late until Monday, yesterday's big rally for confirmation. The confirmation means there should follow-through upside for the remainder of this week. But like the February 9th post where another new low developed into a more constructive rally...this time around another new high could developed into a more constructive selling as early as next week.