There wasn't much to today's action but for what there was, it was positive - better again in the face of Google's disappointing earnings (revenue miss). The S&P barely registered a gain but with the index a couple of points shy of all-time highs it can be forgiven. Volume was sufficient to register as accumulation.

The S&P maintained bullish pressure with a small gain, a gain sufficient to mark a new closing high.  Technicals are generally bullish, although the MACD has flat-lined.

There wasn't a whole lot to today's action despite the damage done to my monitored Shutterstock ($SSTK) following disappointed earnings. The Small Caps index fell back into converged 20-day, 50-day and 200-day MA.

Nothing spectacular but after day's of tight intraday action, today's action belonged firmly in the bull column. In percentage terms there wasn't a whole lot to today's gain but relatively, the gain was key. For the S&P we now have a new closing high on slightly higher volume accumulation. While the MACD has flatlined there is still bullish accumulation trends in On-Balance-Volume and relative performance, alongside strongly overbought stochastics; what is bullish stays bullish until proven otherwise.