Start of the last S&P 500 bubble rally of 2015

FX:SPX500   S&P 500 Index
236 2 2
It seems like an area to short today, but in my analysis I came to the conclusion that this here could be breakout start to higher highs in the coming days.

// Update // Even lower prices are even better to create a bottom here as a future launch pad for the expected rise.
kind of looks like a small W breakout is about to happen, I've been expecting a small down move but its just not happening, so why fight it
Agreed, but I think it fails before your blue line.
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