have you not been reading the newspapers? What little guy are you talking about that is being left holding the bag? Money is leaving the market in billions every week. That is the little guy. He is not holding the bag. That is my main theory on why the market will not crash down. There is nobody left to hold the bag on the way down as the little guy is gone. So that is why we are trading in this range because the big guys know that if the market goes down, they are the ones who lose.
but you have in fact explained exactly why it's" fake". when market makers rotate prices up like this with no real volume/buying, it is fake and can't go anywhere without.coming back, thus rangebound. like i said, no crash and no big moves up either, as both are not worth the risk but also no powder either. truth is not bad here considering all stats are currently 20% worse than a year ago. markets wont make jobs and that is where the money will be going, not to line the same old pockets watch.