SPDR S&P 500 (SPY)

[GuTA]

I agree on the recession point. I just don't see what puts us in a recession domestically. Oil? Nope? Stock market volatility? Nope. Weak Earnings? Not yet.

Chart says that we need either a sustained correction (not the pop and drops we have seen) or a prolonged sideways consolidation. I just can't get away from looking at the last 7 years and thinking... "Unsustainable"

I'm on repeat as saying that I think 2016 looks like 2015. Relatively flat overall , but maybe just a wilder ride in terms of volatility.