Hi Lapdog, I agree with your thoughts regarding sentiment--it is a powerful driver and certainly is driving this rally.
McHugh has a turn date due tomorrow for the USA-- it's quite possible it may have come a day early?
The SPX hit the bottom of its short-term uptrend channel and bounced severely.
Notice the turning up of the stochastic from the lowest low since the March rally began.
tuesday turnips, page-6
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