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
"Repentance and forgiveness are the two great gifts of God. But there is the third and greatest gift of all, which is thankfulness. For with thankfulness our sinful pride is vanquished, our hearts are opened, and love enters — and a light comes into our life."
Jesse, Love and Thankfulness, 15 November 2018