The markets and stocks soaring as the dow, s p and nasdaq saw their biggest threeday gain since august of 2015. Get this, since the august flash crash weve seen very similar eerily rallies where stocks surge only to return to new lows. So can you trust the rally this time around . Guy . Well, youre going to trust it if it closes above 1950. 1920, i didnt think it would get here on whatever today is wednesday so it got here. 1925. The bears needed to prove themselves on thursday, unable to do it and now the bulls need to prove themselves at the levels were currently at. 1925 to 1950. One of the things that we did say yesterday was the reversal in the Oil Volatility index, ovx made a change and closed on the lows and though crude closed unchanged yesterday it should be a bullish sign. For today that held true. Api stats out now, big drawdown and crude should rally again. Maybe we get another 20 handles or so on the s p. I can see it trading to 1950. I think it will fail if it gets there.