Massive upside on heavy volume.
New charge for higher ground or sucker’s rally?
The answer will become clearer with a pullback.
Pullback’s on lighter volume suggest seller’s losing their might, which is what we’ve seen on the way up so far.
The S&P 500’s 850 area marks congestion on the charts for the past six months.
We might expect to see a battle go on in here.
But with Employment data due Friday anything can happen.