I'm looking for the dow to hit 15,500, then retrace. I say that based on the weekly chart.
I see it like this. The dollar is toast, they raised the debt ceiling even further, and they are extending the bond buying program. This leaves one thing imo-more money printing and higher inflation. Inflation itself, should take the market to all time highs. There will be a heavy price to pay at some time, when though????? I'm bullish until 15,500 for now.