To the top, by definition, as we rally...
The relentless rise continues, and the market has clearly gotten ahead of reality (and it has for about 100 spx points!) but the beauty of bubbles is that they always go for much longer than you can imagine.
Not sure when the dip happens, as there is not alot on the charts to help define that, now we're left to wait for the fundamentals of this economy to be felt.
Waiting for a break of any support to start to look for a bear trend... 1035, then 1018ish.
BTW, Aditya had a very interesting piece of analysis on the last post's comments section, check it out and let us know if you have any thoughts on it (in the comments there, plz)
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