I would not be so sure about that looking at how the market has behaved in the past days or months. Sure, we may have a good outlook on the charts so far, but this does not mean we are totally out of the bear trend yet. It is obvious we can still end up having some pretty pull back from resistance and could result to us going back lower. Like someone also said, this move looks exactly like the one we had in the last bounce upward. Final bottoming will be sure when we are pushing past the resistances above us like piece of cake which from where I stand is unlikely.