Short Squeeze?

After a huge down day on Monday, the S&P 500 has rally back to regain all the Monday's loss plus more. Did the S&P 500 just pull a short squeeze or is it in the process of setting something up to humble all the market participants. In this S&P 500 technical analysis, we will analyze the S&P 500, review the stock market sentiments and its internals to determine where the sp500 is heading.