How long was it from the rally high in SP500 in '87 to the crash low? 18 calendar days.
18 cal days from the SP500 rally high this time is July 21st.
Our rally looks like the Dow rally back then, an irregular correction.
No I don't expect it either but with geopolitics including a G8 meeting this weekend plus any number of other scenarios, who knows.
There is no breakdown yet and that is the important thing.
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