The volatility over the last 20 minutes and still continuing is crazy. At one point today we were down to 7884 then up to 8900. That is over a 1000 point differential. Then when we hit about 8030 at 2:55pm the market started to rally. Over about 30 minutes we went almost straight up. Very similar looking to the opening over the past couple days. I have to wonder if there are forces at work trying their best to make this market close in positive territory prior to the three day weekend.
With 10 minutes of trading to go I just don’t it happening unless there is some major miracle (intervention).