Overnight the ECB announced rate cut and Greece wanted its prime minister resign thus no referendum; therefore, the European mess were solved and the market was free to rally. And off it did, rocketing nearly 2% and retraced 61.80% of the double dips enjoyed by the bears earlier this week. I added 600 SPXU in the process. The bullying by the bulls seemed no end in sight. Technically the October high of 130 needed to be back-tested for a proper top. I will need plenty of day trading a la Al Brooks’ price action posted yesterday to help me stay sane for the ordeals yet to come.