Well, the market just keeps surging, and at this point I don't think there are any other bears even left. Looking at the ES and NQ below, there isn't any short-term technical basis to believe that they will do anything but keep lurching higher.
The paradox in this whole thing is that the markets are counting on both Draghi and Bernanke to go hog-wild printing and accomodating and easing and doing whatever else they are supposed to do………but why would they do that if bond and equity markets are healthy and the economy seems on the mend? You can't have your cake and eat it too.
