Interesting day to watch.
Day started up and then went down – Went up and ended down!
If the end result is a down day: Why is this interesting?
My personal opinion on the market is I like stable days then one sided days whether it is up or down! Stable days indicate a settled mentality form the investors. Stable days are a good sign for a rebound.
I am not expecting a recovery that is very fast, looking for a slow and solid move with an up trend. If the market is rational than irrational that is always a good sign. Let us hope and wish we are at the bottom or close to a bottom.
At this time I am expecting few more days or couple months of directionless fluctuation of the market, that is not one sided. If you see that sign I think you can buy (Again use your judgment and caution.)