From Phil's Stock World, a quick chart snapshot.
The ETF closed at $16.40 yesterday and is showing some strength pre-market. It is very difficult to have a market rally without these guys at least being on board if not leading.
The S&P and DJIA futures are indicating higher, 'Buy the Dip' will work until it doesn't.
When the music stops try to grab a chair, this is a dangerous little game we're all playing.