I think u may be right about the bounce, after Fed etc…mkt is so oversold here, it shud have bounced ages ago, were it a real mkt.
Maybe the Fed will cause a turn, by being doveish, there is little to be hawkish about and the debt situation needs higher rates like a hole in its head.
Plus as R640 says, the shares are relatively v strong here. Hell GDX is UP…where is the seller I wonder ???