Many bears doubting the recent market rally have failed to see the bigger picture. If you look at the weekly timeframe on $SPY you would see MACD has just crossed about the signal line and we have RSI calling for further upside after a confirmed reversal at the 200ema within a megaphone pattern. Our extention target is between $430-$442 where we would expect profit takers to give us a reversal. We are remaining long until we have a reason not to be...