How can there be when the futures are jacked up 20 pts. before the open? Market closed right at or slightly below the trend-line yesterday, so the only way this rally could continue is for there to be a fraud-up this morning, and there was.
The S&P finished just above its trend-line today. The market might go higher one or two more days, but that's it. It's already in overbought territory. Technical selling will catch up with the market by mid-week guaranteed.