It's up to the fed.
Higher time frames is the easier tell. Both 2001 and 2009 tells us SPX is headed down. This "should' have occurred again in 2015 but QE3 prevented a similar "natural" fall toward the mean.
Will there be QE4 and lift us up higher away from the mean or will it correct this time around.
Time will tell.
Will there be QE4 and lift us up higher away from the mean or will it correct this time around.
Time will tell.
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