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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 680.44+0.6%Dec 19 4:00 PM EST

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To: Fintas who wrote (50246)5/15/2013 11:15:17 AM
From: Peace  Read Replies (1) of 220483
 
Look at the monthly chart. It only recently broke out at 750ish after a 5 year consolidation. 1250 is a reasonable target. I am not saying it will happen near term. It should pull back/consolidate for a few months now before the next assault.

PS - It could potentially go back to the 750ish area in the pull back but not necessary.
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