This thing that used to be a market is entering the final stage of bullshit. This ramp up with no volume in the end of the day is about to be stopped and the reversal could be nasty. Retail sails were a complete desgrace and this thing called economy will sink hard.
Look @ the chart where you can see huge huge resistance, EMA´s and other resistance points. This ramp up with no volume seems to be distribution. Next week should be interesting, and astrological speaking there are some conjunture never seen decades ago.
http://www.traders-talk.com/mb2/index.php?showtopic=120572&st=0&p=528401&#entry528401
I will leave you with one chart.
Weekly Market Performance — April 26, 2024
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LPL Research's Weekly Market Performance for April 22, 2024, highlights the
S&P 500 bouncing back from previous losses, strong earnings, and GDP.
Há 59 minutos