We living in a algo/chart market and I find this stuff very interesting. We are in a very very interesting point technically. We go higher than 2780 - which is 50% off the bottom, we go higher probably over 3000. We break below 2635 the bears are in charge and we could retest the lows.
As I type this we closing around 2675. He hit close to 2760 earlier and it bounced right the fuck off that.
Tomorrow is a very interesting day - if I’m the Fed I do whatever it takes to keep us above 2635 or so. Best bang for the buck would be to get the market $1 over 2780 and the computers will do the rest