Another ramp on the close

There are divergences everywhere, but this market keeps pushing higher in the final minutes. There must be huge performance anxiety if you are an underweighted fund manager (a feeling I have had before). I have done some DeMark Sequential counts and we are very very close to a reversal (like today) on dailies or a tick chart (50,000 vol/bar), or a few weeks away on the weekly charts.

One thing is certain, this market is sucking people back in big time. The risk at these price levels is tremendous for 'investments.' (In my opinion of course... and you know what people say about opinions.)

I also want to remind everyone that this Friday is Non Farm Payrolls / Unemployment. If the BLS ever decides to revise its Birth Death Model (which is is desperate need of revising), then that number may be really ugly and might give the bulls pause on their 'back to previous cycle growth, margins, and multiples' ideas. One would think at the least, the hoovering of stocks would slow before the number.