Image source: The market really needs to cut this recent nonsense out, or my bearish ways are going to get vanquished. We are mashed right up against a major Fibonacci resistance level on the , following the mega-rally on Friday.And on the S&P 500 cash index, we have reached a descending trendline of resistance.More By This Author:Like Water For Chocolate?Germany Tops OutGeneral Motors: A Put Position Regret And Predictions For Its Future