Divergence

This McClellan Osc divergence is on the Naz 100 too. The bears have been slaughtered for over 100 SP points without a break. Also, note the post yesterday on the hourly Bollinger Bands. I will be very interested in the afternoon session today. Many Elliot Wave guys are calling for a pullback to around 950, and then another spurt higher. One would think we are due at least some pull back... but that sentiment has not paid lately.