MINYANVILLE ORIGINAL My last update noted that the market was in a dangerous position and oversold but that there were some indications that a fourth-wave relief rally was due.  Bulls managed to find support where they needed to and the charts have now solidified the view that at least a near-term rally is likely to develop in equities.  Also of note there are QE-Infinity liquidity injections coming on Monday and Tuesday which will total about $23 billion and which should help put a bid under equities.   We should always assume the trend remains the same until proven otherwise ...