I'm going to slightly up my prediction for where we head in the short-term. I think it's highly likely we try to tag that S&P 1315 area one last time. This will allow us to over-shoot the 50-day and the 1306 resistance allowing for the institutions to suck as many people back into the market as possible before they start selling heavy again.
I'm sticking with S&P 1220 as my correction price target, but i think we'll at least test 1170 by June.
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