Any hint of a positive comment or encouraging word from FOMC this week about future rates will ignite another leg up on this breakout rally.
They are buying the dips. Monday's grind off took index down to weekly support, so expect a bounce off it; looks like we had a 4th wave.
It is still too early to short this monster! Hang on 'til October peeps. Too late to go long, too soon to go short, time to go fishing.
As always, I am not an investment advisor and this is not advice, just another fun educational post for your amusement.
PS For the bears' case; there is a Friday and an Monday. Bulls probably won't care...