The sell signal given two days ago has been blown out of the water in dramatic fashion by today’s rally. The Dow/YM, S&P/ES, Naz 100/ENQ and Russ 2k/TF have been on a tear all day.

I’ll have a chart or two up by tomorrow morning, but the bottom line is that today may be some sort of a momentum peak but the price high for this swing could be substantially higher prior to any significant retracement.