The was one heck of a rally today:
The market opened with a big gap up and moved higher until lunch and then sold off a bit. Then prices continued their move higher, closing at session highs on strong volume.
On the daily chart, notice that prices moved above the 50 day SMA today. That's incredibly important from a technical level right now.
Also note that prices moved though key technical resistance levels today.
Bottom line: this is a nice looking chart. In addition, I'm expecting prices to pull back to technically important levels over the next few weeks.
