The market finally took a break today and corrected a few points. It would be great if prices came down to 2214 so I can go long, but we might just see a shallow correction despite the big run up since November 8th. I think the current reasoning for the market going up is the reflation expectation with the Trump administration. Whether or not it happens and translates into increased profits is another story. But as the market reaches over-priced levels, it is best to start getting ready for a bear market in 2017 or 2018 if Trump gets lucky.
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Short Term Trend = Bullish
Medium Term Trend = Bullish
Long Term Trend = Bullish