Bitcoin Rally Continues Off Double Bottom As S&P Closes At New High

After closing the breakdown gap, indices have retained pressure on the gap and refused to swing lower, as would be typical in such tests. So while we haven't seen much net change over the past few days, expectations would be for the next move to be higher. Backing that has been an uptick in buying volume. For the Russell 2000 ($IWM), we have a return to an On-Balance-Volume 'buy' signal ,although the MACD trigger is stuck on a 'sell'. Other indicators are positive and the index is holding 20-day MA support.