Copied from blog ... I posted in wrong section.

In the latest Total market view on the blog, I thought SPX would rally above HR1 2883 but didn't think NDX would crack YR2 7572 on the first try.

Due to strength, yesterday I said less sure that YR2 stops the rally. That is still the case.

VIX points to limited upside or pullback. But TLT crumbled today, so I think this offsets the VIX move somewhat.

Also, USA technical leader RUT IWM had 2 days of weak selling and seems poised to resume up.

In sum no sign of rejection from NDX YR2 level yet. Long and strong. Bit concerned about VIX but so far no stock index exit / hedge / short signal.

SPX, NDX and VIX below.