Internals are strongly positive on the gap that wouldn’t fade.  By the same token, SPY price has run right up into prospective resistance (say SPY $133.50-134) and we are seeing a growing cumulative Tick divergence at the mid-day.

Related posts:

  1. 09.01.10 – Shiny New Month Pop to 20-DMA
  2. 08.02.10 – Shiny New Month Pop
  3. 04.01.10 – Shiny New Month Pop
  4. 12.01.09 – Shiny New Month Pop
  5. 04.16.09 – Multi-Month Pivot Above