SPX LT View Nov 2017

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Update as we are approaching 2700
Note
Of course CB could prolonge and make decline more palatable or work it out via time vs price
Note
Do you guys see how subtly people are retiring from the FED, today Bill Dudley announced retirement. I guess it is easy to work in an artificial bull market driven by YOU but of course once BS tightening is set, people suddenly leaving. How convenient...Yellen, Fischer, Dudley leaving
Note
Most likely if bear market happens, first 2 years will be sideways consolidation before the serious move down happens in the last 20% of the move as usual.
Trend Analysis

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