The S&P had a big day today but still can't seem to attract enough volume to show any real conviction that its found its footing.  Despite having a big run-up, no heavy volume appeared compared to the previous day. 

What we need to see is a minimum of a 1% move on greater volume than the preceding trading day.  Preferrably, I'd like to see a 2% move just to cement the call that the bottom has been formed.

While the S&P, and the market as a whole, seem to be struggling a bit to rally, fortunately, there are other segments of the market that are performing well.

DBP, an ETF that track's the performance of gold on a leveraged basis by 2 to 1, is chugging along like the Little Engine That Could and is about to pass its former highs.

Look at metals and currencies in the ETF market as refuge from the volatility in equities.  Keep a lookout for sectors of the ETF market that are outperforming as they will likely lead higher while the overall market remains weak.