Maybe, but there are other tell tales sign that this may not be the "real McCoy". Mind you, unfortunately the same tell tale signed got me to miss last April breakout, but if I don't want to get whipsawed all the time, I'd better stick to the current interpretation, the sign on the door is still "neutral", if you want a "refinement", with a mildish bearish bent indicating a possible 60 to 70 Naz points retrench from tomorrow's high. For those that do not day trade but rather swing trade, yes, it is time to slowly reload the barrel, but I doubt there is need to rush and paint a big "BUY" sign on the screen.
