@DavidPfdle How about the monthly chart? In what way is this chart bearish? It broke down below the 50 Month MA in 2011, late 2018, and in March of this year, then reversed higher each time to significant new highs. My 4500 $SPX target comes from the 423.6% extension of 2007 high/2009 lows. https://t.co/Ided16hLJo