Since then price action and internals have been mostly choppy, albeit with a mild upward bias. Some large tick readings just now should be respected at the mid-day. Also, emerging markets (EEM) are popping in spite of the strong dollar (UUP), suggesting some residual risk appetite.
Bill Luby wrote earlier about the 200-day EMA; I note that we are now above that level for the S&P 500. Furthermore, that line has mostly flattened over the last week's trade.
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