After a tentative pop at the open the markets roared forth in the afternoon session with a classic XIV..SSO...SPY alignment. XLV and XLF were noticeable for their strength in VEGA.
The only missing element was above normal volume but that may change in Thursday's action if the rally is able to maintain traction.
AA's earnings report was better than consensus estimates and that likely added an optimistic factor for other upcoming earnings.
The SPY TrendX in the right side panel is now upslope and M3 is flashing the bullish ranking noted above as of today's open.