While I agree that the market is going higher this year, my analysis suggests that there will be a pull-back into the upper 150s before heading higher. Just a different point of view -- that is what makes markets.
On this chart I tried to figure out a potential PRZ. We all agreed that higher levels might be seen this years. We also agreed that a pullback might take place soon. We did not argue that pullback length yet. Your analysis suggests a pullback into 150ish area before heaading higher and I agree it. I was working on SPX chart and this are levels of interes