[isatrader]

So… Are we about to go back to being long?

It's too early to tell imo, as although we've had some signals in the short term breadth measures of the improvements, the majority of the Weight of Evidence indicators were hit very hard and haven't recovered even a third of the loses of the last few months in some cases. So although you might want to attempt some test entries on the long side with some strong RS stocks. The majority of the breadth remains in Stage 4 mode but I might be tempted into some test entries if the improvement continues.