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MrTopStep Chart of the day: S&P Futures Up 10 of the last 12


That said, things just look too good. We lean to buying weakness in the bonds and selling rallies in the S&P. Not sure if it works but we think over the next few days it will. That doesn't mean we think the rally in the S&Ps is over, what it means is we think the S&Ps are overdone in the short term or getting close. As always, keep an eye on the 10-handle rule and please use stops.

More detailed analysis of how to look at the S&P rally here.