1. We have wicked
2. Shorts have been forced to cover, thus short squeezing 
3. Anomaly has formed + wick has liquidated highly leveraged bulls

Chart shows one of the reasons 53k is possible. Correlations lie within the monthly.

 is bull until a ⬇️50k daily close. https://t.co/2ECBLT63M2 https://t.co/tmvc0SydEC