Well yeah it looks like that...but their called reversals for a reason.

We closed a good distance from the weekly reversal...normally we would look for a test of that. If it holds then we're on again. Pretty bullish just when it looks like weekly momentum is going to go neutral it busts out again and stays green. This could be important here on the weekly...if it does turn into a temp high you are looking at three bars possibly on the weekly of a counter trend.

Sp!ke