Another day, another early morning ramp job — brought to you this morning by VIX and CL — which broke down yesterday for all of 45 minutes and broke out overnight the very moment that ES threatened to drop back below horizontal support.
Ditto for VIX, which has seen its neckline backtest turn into a trend breakdown. 
Nothing new, of course. The algos were listening and, so far at least, have obeyed.
Same as it ever was…
continued for members…
The pre-opening ramp will mean new cycle highs for SPX. But, again, there is no indication of engineering a breakout to new all-time highs — just “higher” prices.
USDJPY feigned a breakdown, but has recovered for the moment.
Bottom line, a dip is being guarded against quite strenuously at this point.
UPDATE: 2:55 PM
Big hiccup in the Brexit vote…and stocks are quickly in the red, but holding support at this point. USDJPY has completed a little H&S Pattern…
…while VIX is testing its IH&S neckline… 
…ES is testing its horizontal support…
…and SPX is testing its SMA5 200.
Too early to say whether everything will hold, but important to note that today’s rally is in reversing and in danger of turning into a long overdue rout.
UPDATE: EOD
It’s a nice start. If our analog holds, there should be much more to come. Here’s where things stand at the end of the day.
And, here’s where the analog would have us believe it will look like this time tomorrow.
GLTA.