Final Blowout or a Start of another Leg

This upside move of the stock market is led by bank and industry stocks. Based on the volume, momentum, and directional expansion just out of a big base and tight range from a lot of stocks, the move might have more legs.

The high beta / tech stocks are lagging this time, especially leaders of the previous up leg. Also there are divergences of market internals. This could mean a start of a bear top, but some stocks could move significantly higher before they go down.

The best thing to do might just go with flow, riding the uncertainty with a flexible mind and discipline approach. That is what a trader is supposed to be.