We've had a nice run off of late-April's lows and the market is digesting these gains. We'll probably start moving to the downside next week.

The market is simply digesting those gains,

It's only been around for a (little) while. People are probably still digesting what the offer is.

The market has been in this trading range for a while. The market is now digesting all of this economic news. I believe we're poised for another good run in the market.

We may have another couple of days, or a week left of this counter trend move, but it's within the framework of an intermediate trend downward.

Last week's action was promising, but it is still too early to call for a bullish turnaround in the broader market,