Today's action, decisively breaking the trend line on decent volume puts the down trend on the daily chart in jeopardy. On the intra day 5 min, the strength of this move was unmistakeable. Selling was unable to pressure the market at all. Unfortunately, the move up became vertical and the volume extreme. Either this is breakout volume or climactic. The lack of selling pressure so far would lead me to believe that this is breakout volume.