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Nothing more than a structural misstep. Look at that low volume on the down side (SPY).

Nasdaq is looking like a false breakout into new highs. Gap downs in Nasdaq 100 & DIA. SPY has 2 gap downs this week?

Powell is not an economist, he's a lawyer, so he is going to be more focused on contracts and rights and obligations.

What's the longest time between a Nasdaq high and S&P high?

Trend is down. Lower high. Close below lower low.

It's not my wish. Wall Street screwed up. I'm furious about being stuck holding the bag. In 2008, my suggestion was to implement Promise Language at the Federal Reserve, providing accurate record keeping with sufficient detail to handle all transactions. That suggestion stands. Since 2013...

From market action today, I'm wondering if some people would rather inflate the dollar, than lose their bets. Are they wrecking the playing board?

I think a structural change was made recently. Janet Yellen turned off a credit line, I think. Derivatives are restructuring and underlying value will prevail.

We have a powerful buy signal in the Nasdaq? The last time this signal occurred was 1998. Nasdaq went from 1400 to 7000! That's 500%! Buy.

No one wants to sell. All major corporations are in the hands of people in a silent collusion to never sell. GE 'restated earnings' for 2016-7 and put a FASB CEO on its board. Someone is going to call it fraud eventually. Then charges will be filed and bears will take over. Until then, bull...

Air Force cancelled a $7 billion program. https://www.cnbc.com/2018/02/11/dod-expected-to-kill-air-forces-7-billion-jstars-recap-says-report.html

You don't understand the logistics, so you dismiss market control as impossible. You'll be proven wrong.

And Monday, bulls[hit] will conquer their final 200 day moving average on the 1 hour chart. Follow the leader.

Maybe it's the slope of that 200 day moving average. It's almost perfect. Consistent, year after of growth. See, the magic happened around its 100th anniversary in 2016:

So, Yahoo pays for data that isn't a complete record of all transactions?

It keeps getting easier, because they need new recruits in their 'forever up' club.

That was 2014. We were engineered out of that long ago. Invalid chart pattern. The price was $16000 back then, and the market proved that price wrong. We're at $25000.

No trades above 283.29 show on Yahoo's tape OR TradingView's tape. Why not?

To me, it looks like market engineers staged a gap up, to create a bullish-looking chart pattern. The purpose is to create an 'island' to counter-act those 2 giant gaps on Jan 30th and Feb 5th. The down gaps appear real to me. The up gaps appear entirely engineered.

Everything looked like short this morning. Market engineers want this market up, though. Light volume. Leave a nice close on Friday. Hope some buyers come in on Monday. Forever up.