SPDR S&P 500 (SPY)

[imiloa]

fwiw, my current thought is:
• maybe bit lower early this week, or not.
• then rally til may20 opex.
• then a slide due to brexit/grexit anxiety, possibly under 190.

after june 23 brexit vote:
• if no brexit, quick bounce/manip back up over 200.
• if brexit, 180 gets tested late june, but they rescue markets again a month later,
just as happening in aug-oct 2015,
in time for the election...

agreed that the floor probably won't really fall out until 2017.
tho, i do feel the fed is powerless to prevent a market implosion if market-wide sentiment shifts south due to brexit, grexit, japan, china, etc...
amid lower US earnings.