Yesterday's glaring structure produced a nearly 20 point gap up today. And the market didn't even look back, grinding up another 10 points higher to close the day session out.
With the big gap now looming below, the buyers better watch their back for tests into it. But that's for doomsayers, right? Or is it?
I'm sensing that this market might be a bit panicked long at this point and corrective moves are on tap. That, or it just keeps grinding higher once again. A continued glistening upside move feels lowest odds right now.
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