Market Sense and Sentiment

[RCKS]

Hi Bernard just before the close here but it looks like we will get a HOD @ EOD and this market is looking mighty frothy and clearly creating pain for me. I see us going higher here in the near term. There's no way we don't test the Jan high 1467 and probably the Dec. high of 1500-1520. Today volumes increased and at least some internals as well.
I can't see buying Calls here but buying them on the next pullback may make sense.
We are quite overbought on the 60 and nearing it on the daily. So we should correct some but not much if we are going to test the nearby highs.
steve