QE/interest rates are steady per Fed minutes. Sure there is some dissension but there's really no evidence of runaway inflation.
In fact, soon enough, you'll see Europe jump on board with QE and reverse their austerity approach thus sending the global markets onto it's final tirade.
Don't misunderstand, I'm not a bull on this market. I've just given in and have decided to wait for the market to tell me when it's going down rather than me continuing to tell the market it needs to drop.
RE: Bearish candlesticks, it's also important to note that last week was the first red candle on the weekly chart in 5 weeks. That said, we've had bearish candles before and SPY has continued to go up with rare exception.
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