Time to mark this rally with a "B" for Bear and consider it "done"? Objective Elliott Wave from Tony Caldaro says, presume it is

We're again at the point where we can mark the bear-market rally as complete! This is also indicated by Tony Caldaro in his Objective Elliott Wave update this evening. As I explained last night here, it's a valid crying of "wolf!". So we need to look for confirmation, but it's prudent to presume the market has topped out, unless it conclusively proves otherwise. I can't recommend what actions anyone should take - surely that depends on your timeframe and style. But we don't want this likely milestone to slip past quietly!

Below is Tony's hourly SPX chart from his public charts at that site (thank you again Tony!) so you can see. Do check out his commentary too, of course. Meantime, what confirmation do we look for? Channel trendlines like those in Andre Gratian's charts. Levels like 1092, 1087, 1082 - ultimately 1067 and below. Indicators like the advance/decline data we've reviewed and Terry Laundry has been showing. And Elliott Wave types will be looking for wave pattern confirmation.

I'll be adding more about all this as I can later tonight and tomorrow (and this weekend). Meantime, check out these sources in addition to any indicators you're comfortable with too (VIX, dollar moves, bond rates, etc.). If this is it, the evidence should start to accumulate.