Weekly chart shows the S&P all sessions has rallied from dual trend line support.
Next chart zooms in on the weekly for clarity. Note last week's long tail, and the size of the market rallies which followed other long tails. If history repeats or even just echoes, the current rally should have further to go.
Daily chart shows that the market is approaching potential resistance. Briefly putting my trading hat on now.... I find it useful to map out expected action on a trade, and if the trade doesn't follow my script I aggressively tighten my stops. My script for remaining short term bullish the S&P demands continued strong rally. If the market does not push quickly through the illustrated daily chart resistances, I will aggressively tighten my stops and be prepared to turn bearish. I think another test of the weekly chart trend lines would likely result in a downside break.... right now I don't expect that, but it's best to be prepared for every possibility.