The news release concerning a peace deal in the Middle East gave fuel to the Indices to rally off of important support. While the market internals strengthened also, it will be important for them to continue to strengthen tomorrow, especially if there is follow-through to the upside. If during the first hour of trading tomorrow, the internals are not as strong as they were today, that divergence could suggest a rally failure and some type of rotation lower could occur. On the other hand, stronger internals on higher prices, suggests the low is likely in and we will retest the highs.
