Will the Fed keep pumping the markets up?

FX:SPX500   S&P 500 Index
71 1 3
FASB disposes of Mark-to-Market accounting rules, 4/2/09
QE1 11/25/08-3/31-10, Fed balance sheet rises from $870B to $1.2T
QE2 11/3/10-6/30/11, Fed balance sheet rises to $2.8T
Operation Twist 9/21/11-9/13/12
QE3 9/13/12-12/18/13, Fed balance sheet rises to $4T
QETaper 12/18/13-10/29/14, Fed balance sheet rises to $4.4T
Yes, that is the potential long-term bearish scenario I also see in the chart:

At least the E-Mini Nasdaq 100 futures made a new higher high today (December 2, 2015).

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