Careful with longs here. Multiple divergences on 60 min charts everywhere. 60 min summations look very exhausted. Fed draining big. Treasury draining big tomorrow. Bonds aren't selling, means liquidity not coming from bonds. Most likely beggining of month mutual fund inflows combined with short squeeze. Not a lasting fuel. Equity put call stuck in 0.5 area all day. Optimism very high. Rydex bearish funds had huge bullish shiofts in the last few days. This rally may be just about over.