Nice chart GB. I really think the SPX will double top at about 1350+, just like it double bottomed at 1250. Thursday will be the day: If the unemployment numbers STILL suck, and come in worse than expected, I think we see a nasty down day and a beginning of a march to the 1250 line. BUTT, (There is always a butt) if what is guessed at is true, and that Europeans and bond managers are putting their money into US equities, then we may get a higher high. With QE2 over, the US economy still not that good, and just a matter of time before ANOTHER European country pulls a Greece, my money is on another downward move like the one that started in May.
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