This “so called rally” is weak at best. Crawling out of the daily cycle low like a turtle on prozac – this thing is going nowhere fast, lending further to the proposed theory…we may not even see a “higher high” before this rolls into the larger expected correction.
As suggested some weeks ago – what’s the point? why bother looking for further upside as opposed to just plotting / scheming for the inevitable fall. Get your ducks in a line for some short plays as well continue taking whatever profits you have.