I’ve postulated that January was the bottom, with March being a low-volume retest, a few times in a few places, like Triple Top in the VIX and Fast Money Alert!, and the internal blog link-fest post Comments on Recent Market Action.

Here are some charts of nice bottoms, indices of U.S. market components that clearly met their lowest points in January, with re-tests in March that resulted in significantly higher lows. Charts are clickable for a larger view …

This is the oil services index.

This is the Dow Jones steel index.

This is the Dow Jones transportation average.

This is the Dow Jones REIT index.

Remember always, it is NOT a “stock market,” but rather, it is MARKET OF STOCKS.

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