I smelled a rat last night... i.e. maybe all is not as it seems and that the hysteria is way overblown.
The comeback confirms this. I can't see it as anything other than Bullish.
Now, this type of thing can exhaust the market, over time, and I suspect that this is part of that and that we'll see a correction soon, but the first crew to get exhausted, I think, will be the Bears.
Excelsior!
M