100% of the 7 days since the beginning of the March rally that have seen -4.0 or less on open of the NYSE advance:decline ratio have seen lower lows within 3 days.  2 of those only saw those further lows the same day (late in the day) from which the market subsequently rallied overnight.  Bottom line is we don’t recommend picking bottoms today unless and until we see strength on the short term charts in the form of TICK readings > 800, 50% retracement of up moves being respected, VWAP trending up, etc.