It is straight forward and simple, while most were caught off guard in today's plunge, for traders to gain confidence back in Alts, Alts Dominance need to close above the 50D EMA.
Alts.D came long way over the past few hours. Will it close there today? Tomorrow?
Well, that is yet to be proven. But rest assured if Alts.D close above the line, Alts will recover fast from todays' plunge.