Is the recent $US30 push a real breakout or just noise?

Been watching the $US30 (Dow futures) this morning, currently sitting around 53178.41 after a decent run from the lows. The daily range from 52759.06 to 53230.08 is pretty wide, suggesting some conviction, but I'm finding myself wondering if this move has legs or if it's just a bit of a relief rally that'll fizzle out. We've seen a few of these pushes recently, only for them to fade by the afternoon or over the next couple of days.

I get the sentiment that we're seeing some rotation and perhaps a bit more risk appetite, but with all the macro uncertainty still swirling, I'm genuinely skeptical that this translates into a sustained breakout above these levels. What are others seeing in their charts or feeling about the current momentum? Am I being too conservative, or are others also seeing potential for this to roll over?