The past two-days were the best two-day rally in the S&P 500 since 2011 so any kinds of gains today are a victory. The S&P 500 opened 2 points higher to 2.63.
Even if conditions are overbought in the short term, it’s very tough to stop at stock market rally at this time of the year and through the first couple (that means two!) trading days of 2015.
