Thus far this current bounce is on a few too many steroids. Something is not right with this. If a further move up is to be believed we need to see this bounce pull back some. Else, we continue bleeding higher without regard for reason or logic as we have done for the last 2 years.
However it is seen, this market has become a dangerous beast. It is quite sickening and disgusting as the long term impact on the economy of phony markets will be greatly negative. It is what it is, we can't fight it, we will trade it as it is and watch our dollars turn into dimes.