Nice chart and analysis. I definitely think a pullback is coming. It's been running almost non-stop for a year. I can see the SPY dropping back to the ~140 +/- 10 range. But I'm a little skeptical of it then pulling further back to ~100. But hey, who knows? Anyway, good to see some level-headed analysis of the overall market. Too many people right now are just ridin' the bull care-free.