...well,the strong move yesterday blew the nice bear  setup out of the water....again...i was pretty convinced we needed to at least visit 7000 before this leg would finish but we have a gap up above the ema's,and a  possible island reversal.....really unusual price action so soon after the false break pattern but it is what is

Renewed weakness in the dollar (risk back on)  and eom buying were clearly features

 

 on the Nasdaq line chart we can see a possible backtest of broken support....

 Russell too