Volume surged into the close and all indices ended up trading higher volume than yesterday. This means that we met the requirements of a follow-through day on all indices. I use eSignal for intraday market volume and usually wait when the volume is close to see what the IBD volume says but the volume was so brisk into the close I am guessing the outcome. The Market School buy switch never went off so today is a B2 buy signal (Additional Follow Through) and a B3 (Lows above the 21-day ema) buy signal for a +2 exposure (55% invested).

Additional FTDs (B2) can only occur within the first 25 days of a rally counting back to the rally day June 4, today was day 20.

I still remember however that no significant rally has ever started in the month of June looking back 40 years. All market correlations will eventually be broken I guess, will this be it? Don't know, somehow I doubt it but that would be an opinion.