From the chart --it appears to breakout upward (less fear).
See my unbiased take on that......
Today rally was complete BS, unless of course the FX markets (huge in comparison) were BS, or the correlation between USD and SPX ceased (not likely).
So the rally today was BS, it was not supported by FX. It was meant to take bear money and get some retail to pile in bull. However that said, we could certainly have several days of bull action.
HAPPY THANKSGIVING!!!!
, turn off the monitors, shut down for a while. Go hiking, clear your brain.
