On Monday, Shanghai closed down .8% after another early plunge followed by an afternoon rally. This made a 2nd attempt to break down towards the 2300 level. As of today, the market is up some 1.7% at least signaling a short term bottom. It'll be worth watching to see whether a bottom was put into place. Expect the US markets to at least follow tomorrow. Any selloff in the AM should be bought. The US markets are very oversold so they are at least due for a bounce. Most think it should be sold but we'll see how it plays out first.