. >> trader dan deming tells us why he's dealing better about the market these days after this in the know message. cç equities joins us now for "chart talk." what was in the air making the market so happy? >> i'm not sure. yesterday, the day looked like the ground hog day of monday. it's a good second day for the market follow up to last week's selloff. there's a couple of things at play here. the vix continue to trend lower, trading down to an average around 2120. we break that 21 area, we can go to 20 or just below that. we saw the s&p close below 500 now. we've got the froth out of the market in the last week and a half. we're seeing buyers coming in now. >> how important that is? there was a moment when it looked like the markets were going to start to get in that downward moment. what do the charts have to say? >> the charts right now, we're seeing on the up side, the s&p coming in around 1113. that's an area to look at for the high side. we had a nice bounce. that's going to be kind of the top side of the market moving toward the unemployment number now. friday, if that number