FED can take SPX 500 to 1700 by doing nothing....

FX:SPX500   S&P 500 Index
1. SPX             500 is making new highs as expected earlier, but this is not sustainable, if Central Banks will not give a rate cut or further QE then markets will undo all the gains.
2. My Sell patterns have started to show up in the charts.
3. SPX             is making third mountain in weekly charts.
4. Crude is looking to go around $40 and Below.
5. Volume is not showing any Followup Buying.
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