The market decided that no news was good news.

Taking the Dow Jones from 100 points in the red to 50 points in the green.

When you see a big reversal like this, it tends to signal bullish things for the market.

But in the past few weeks, we've seen a few major bullish and bearish reversals. In the end, this market is still trying to find its groove.

But keep your eyes on downside risk since we're still in recession.