Saturday, January 25, 2014

I'm Baack!

Ok. So we've experienced a ridiculous rally since March 9, 2009 from '666' in the S&P. And now we're at the all time high territory near 1800.




Now we are about to deal with a series of pullbacks, I believe. I'm looking for the ultimate pullback to 1540-1560 which was the thirteen year resistance level - broken for the first time ever back in May 2013.
Once we go down and confirm that new level of support I think we'll see a very long term bull market lasting 5 to 10 years.

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