Still early

The recent strength gave bulls more confidence which I fully understand. Doug Kass's call seems working finally. But wait, even after such rally, we are still below his first bottom call on Feb 19th.

Now the market comes to a critical point, 1450 the double resistance, both pink downward moving average and break down point. If we close above it, this is probably D bottom and my hat off to Doug Kass who nailed it, maybe just days early; if we can't overcome it, this is another shorting opportunity.