The Rally of the SPX from 1980 has ended, with the risk free rate started to fall from 1980 to now near 0. yield of 10 year treasury down o 0.5% the 5 wave rally is in. and with QE1,QE2,QE3 and credit then we have ended the credit push rally. a very typical wave 5 description we are like to test 2000 a 0.382 correction or even lower.(very likely)
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