This thing could crack any minute. See the MACD and RSI obeying the trendlines below. the old top blue trendline is still very much in play. Has SPX formed a new RED channel up? Would not surprise me. Most I follow are in agreement that it is shooting for the 200dma, and if you look below this will most likely push the VIX under 30 at which time "they" will bang the drums and clang the symbols and declare the bear market over and the new bull market is upon us. God Bless The U.S.A! I'm gonna go buy a car! (Just kidding about the car thing)
