I think the biggest giveaway was yesterday's lack of volume - as you quite rightly put it, it's still not a full confirmation, but in my opinion this highly suggests that most sellers aren't willing to distribute at these levels, meaning if anything - its a matter of time until we see higher highs.
Lets not forget that between now and the meeting in June/July, there will be marketing strategies through key broker presentations (professional and institutional), as well as probable planned media coverage on free-to-air TV.
In my opinion, this is just the humble beginning.
MNQ Price at posting:
2.2¢ Sentiment: None Disclosure: Held