Daytr, thanks for that post, it was very useful. My thoughts are very similar to yours. There have been several attempts at breaking 1850 over the last couple months or so, hence, depending on news, I am anticipating one more failed attempt at breaking 1850 on the S&P500 to herald a new decline. How far the next decline will go is debatable, but imo the S&P500 is going to have a 10% to 20% correction some time this year, its just a matter of when.
