While we may have a rest day here today, underlying mechanical realities of the market are now supportive of higher prices. It's safe to go back in the water, the bears are hibernating for now.
Equity Indices Thread from most bullish to least bullish: Russell 2000, S&P 500, NASDAQ
Volatility is pretty well dead in the water for this moment. I don't expect to see much upside or downside there. It's difficult to get much beneath the 20-handle on the VIX and there's no reason for it to rise. We'll call whatever movement happens here noise rather than signal. VIX could be a nice daytrade scalp to fade--long when it's down and short when it's up.