Yes, excessive. Went from very oversold to very overbought in no time. Volume hasn't been there and I suspect much of the driver short term has been an excessive amount of shorting. Near parabolic rise with the RSI 5 at it's highest of the year. <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$ndx,uu[l,a]daclyiay[dc][pf][vc60][ilb14!lb5>