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SPX is just taking a break before continuing on its rally for the next ten years. This market is just getting warmed up and all the bears and naysayers are going to be melted away when they see how high we go and how fast we get there. Its going to leave most behind, but isn't that the point of these bear traps? Not everyone can get rich so the few that stray away from the herd, and the mainstream news nonsense, will make out like bandits in the end. This is not trading or financial advice this is just my opinion.