Another end of the day rally BUT........

Here is what I am seeing on the Major indexes, the dow and the sp500. One of the major reasons the market is having a hard time going higher, is we are hitting a major trendline on both of the Indexes. There are other indicators that say we should go down right here as well, but nothing says it quite like it does on these charts. With the Bonds yielding twice as much as they were 6 months ago, it is a no brainer that the money has to come out of stocks and back into bonds.