It certainly looked like a breakout, at least for today, but it would have been more convincing if the volumes had not remained thin. As such it looked like a short squeeze engineered by the wiseguys ahead of the FOMC meeting.
SP 500
NDX
What is a proper disposition towards life? It is to accept God as a loving father, who is full of tenderness and forgiveness for us, despite our willful blunders and hardened hearts. He yearns for us, as a father and mother yearn for the return of their most beloved child. It is to accept that we are not lost, we are not abandoned. We are wandering like a wayward child, full of our own headstrong delusions. And our father waits expectantly, calling out for us through the darkness. Jesse, 2018