SPX: clearly over the top.

SP:SPX   S&P 500 Index
SPX             is clearly very much above the 1900 level at an overbought situation. With the end of QE3, market should correct the index toward 1780.
I completely agree and it sounds crazy to jump in this buy scenario, if the bears pull the trigger in the coming days we might move dow to 1860-1840 level again.
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