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.
Stock Market ETFs Trading Update: Rally On?
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While the stock market has enjoyed a nice bounce, my viewpoint for most
equities remains cautious to neutral. This has my focus on commodities.
That said...
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