NDX + .96
The highest quality index DJI had the smallest gain while the lowest quality index RUT - small caps had the biggest gain.
This is the exact opposite of what you would see in a healthy bull market.
In addition of the big 3 US stock indices - SPX , DJIA , and IXIC only SPX made a new all-time high.
None of the market leading FAANG stocks, FB , AMZN , AAPL , NFLX , and GOOGL made new all-time highs
The SPX had a huge hourly divergence as well as daily and weekly divergences.
Only 2 of the 9 SPX sector ETF's - XLI and XLF made new all-time highs.
Last week The Consensus reading for US stocks was 71% this is the highest reading for the entire 8 year bull market.
September to October is seasonally the most time for the stock market.
Evidence is overwhelming that that the 34 day Mini Crash Phenomenon that I discovered could occur. New target bottom date from 9/27/17 top targets 10/30/17 for crash bottom.
Price target zone SPX 2130 to 2160.
I suspect that todays 9/29/17 relentless buying is end of quarter window dressing.
Today the SPX could hit 2520.
No targets above that level.
October is a seasonally a bearish month.
With October about to begin "Time" is the important dimension.
If 10/4/17 is not a down day it could mean the rally continues.
The SPX will need to be down for the week of 10/2/17 to 10/6/17 to open the door for more downside.