For example, the Dow showed this reversal nicely.
On the daily chart, the action hadn't the look of much but it's significant with higher volume accumulation. The S&P hasn't yet generated a reversal of technicals, but if this action continues it will happen soon.
The Russell 2000 has already posted new highs and this leadership - should it continue - will help bring other markets with it.
The Nasdaq wasn't left out either.
For tomorrow, look for continued gains from what was a positive start for the indices.
You've now read my opinion, next read Douglas' and Jani's.
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Dr. Declan Fallon is the Senior Market Technician for ChartDNA.com, and Product Development Manager for FirstDerivatives.com. I also trade on eToro and can be copied for free.