Below I show the daily charts of DJ-30 as an example:
The DJ-30 weekly chart looks more ugly with the price pierced down the longer term trend line originated from the low of March, 2009.
The T2108 index is telling me "we are near a short-term bottom", however that should not be a real bottom that marks a reversal of a monthly-trend.
Stocks are considered risky, meanwhile EUR/USD and Crude are in bouncing. Silver is well advancing and Gold should be prepare to follow the Silver to be a hidden place.