SPX to experience pull back.

2017年1月31日Childish Gambino--Bonfire: "homegirl drop it like the NASDAQ." I'm not familiar with the girl who drops like an index during a market collapse but the S&P 500 is definitely long overdue for at the very least a major pullback. The market is incredibly over valued and tensions are escalating in Washington and around the world. A bull market is impossible to maintain especially considering the fight that will ensue over dereg policies and protectionism. SPX to test -50 level in %R and if successful in crossing -100 will show weakness in the SPX and initiate the inevitable pullback.