Emergency: the market broke today

Let's start with the bad news there's about a 1% chance at best that today was the bottom. Saying that if the market can hold 5600 it's likely today is a swing low. Or we'll, at least a 40% chance. Gotta have a little bit of hope.

The last 45 minutes was the most constructive we've seen since the calendar turned to March. The selling actually accelerat…