Massively manipulated markets
Needlessly to say, markets are all pumped up going into close, as noted End of Month (EOM) manipulation, closing at the IT resistances which noted during the week. * At this point, it is obvious that markets are pumped up to convey false hope until small funds are lured in to be smashed as many have experienced in the past decades. * Technically, markets are showing extremely negative divergences, however, big funds are pushing markets at will trading against many normal technical reading, for now, the market actions are good for those who are naively holding with false hope.
OBVIOUS TA: As previously noted the Intermediate resistances, markets are continuing to push up without any signs of pulling back -- just because many were expecting a pull back. Furthermore, markets are still luring in small funds before dropping markets off when there is less incentives to hold up the markets.
Previous note * Markets are trading near at Intermediate resistances: SPX 930 +/-, DOW 8600 +/-, Nasdaq 1770 +/-, NYA 6000 +/-
http://trend-signals.com/Analysis/090529.htm
http://www.youtube.com/watch?v=eAaQNACwaLw
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