And the push to $3 begins, page-73

I think the issue for the US is the reversal of quantitative easing. No one wants to buy the bonds and the economy is on the edge of recession. Interest rates are too low to cut if that happens so they are trying to raise them in case it does. Raising the rates too quickly causes problems, particularly in equities. It's a bit of a perfect storm.

I think we likely have another 8-9 months of volatile but overall bullish trading before we see the bull market end. This is just my opinion and I could be wrong, smarter people than me have predicted different outcomes.