The Big View: Are we bottoming out ?

As seen in the previous daily chart, we could be bottoming out of the hole.
But beware, trying to play this game could be expensive as the market has showed a lot of volatility lately and several players got stopped out with fairly big losses. This chart becomes interesting when you couple it to seasonal patterns on the T-Bond.

If you look at the past 7 years of daily data, you will notice that usually around the end of June we start an opposite trend to the one we did during the first 6 months of the year. Now the big question is: What did the market do during the first six months in 2007 ? I will let you guess...