Short & sharp are characteristics of bear market rallies. Today's move has enough power to carry for a couple of more sessions.
click chart to enlarge The pump never stops. Chart includes today's FED data release.
click chart to enlarge The FX climate has turned chilly. The weathervane was nicely positive this AM, but seemingly used up that goodwill with today's rally. it was neutral by day's end.
click chart to enlarge
click chart to enlarge