Monday’s Dip, Tuesday’s Rip. What’s Wednesday Have in Store?

Here’s where we would consider buying the dip.

Our View

Just when everything looks whacked out, the US index markets have their largest one-day rally in over a month. All three indexes logged their biggest one-day point and percentage gains since June 24. They have risen more than 6% from their lows in the middle of June, but are still down sharply on the year. 

It seems like traders are trying to use…