bruceyam
Short

The SPX Long term Rally ended

SPCFD:SPX   S&P 500 Index
The Rally of the SPX from 1980 has ended, with the risk free rate started to fall from 1980 to now near 0. yield of 10 year treasury down o 0.5%
the 5 wave rally is in. and with QE1,QE2,QE3 and credit then we have ended the credit push rally. a very typical wave 5 description
we are like to test 2000 a 0.382 correction or even lower.(very likely)

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