Update

I think the failed gap, plus a break below 10,000 was blood in the water for the shorts. As you can see, at 10:03 we got a positive divergence. The first story I've seen out of Bernanke's speech was 10:07 although it broke earlier obviously it takes time to get it out so I think that had something to do with the timing of the divergence.

I'm surprised so far, what's he's said doesn't seem to be anything more then, more of the same. We'll see what else comes out.