Whether S&P 500 can break the new high will be EXTREMELY important!
If it cannot, the market will go into a Fan Shape, which is a very negative signal.
Well, if you look the volume, you will find we don't have enough volume that can support this rally.
So I am bearish the overall market.
The crazy market will end ...
First I wish anyone who was having aapl today ran out from the top.
As you can see in the chart most people got into the market in this rally, during which the aapl announced the apple pay, which people had already heard stuff before the launching day. So I guess the big rally was created by big players ...