SPX Daily Chart New All-Time Closing High

The SPX squeezes out a new all-time closing high at 1633.70 on 5/10/13 but is unable to print a new intraday high. The SPX all-time intraday high remains at 1635.01 on 5/9/13. These two levels are key resistance for trading next week. The bears tried to push down through 1624-1626 to accelerate lower to 1617 but copper and the commodities recovered during the afternoon pushing equities higher.  The higher move in commodities in the afternoon as well as the lower volatility provided the bull fuel for markets. This information is for educational and entertainment purposes only.  Do not invest based on anything you read or view here.  Consult your financial advisor before making any investment decision.