Very bullish action IMO!!!!!!!! Means more and more foolish perma bears are shorting on high volume into every little weakness trying to catch a huge breakdown!!!! Too bad it ain't happening as we grind higher!!!
Once we hit the Feb 27 gap levels we could very well see the mother of all short covering rallies as too many people are in disbelief!! Will turn out as it always does: The good guys (bulls) win, the bad guys (bears) will bleed
I still believe in a global market collapse by the end of the year, just not timing it right.