On the heels of yesterday’s historic mega-rally, it will be absolutely terrifying to push back deeply into the bear camp but judging from what I saw with my chart examination last night, that’s precisely what I plan to do.

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Here’s an interesting chart for you: the S&P 500. What’s cool about it is that today’s mega-rally sent it precisely, and I do mean precisely, to the Fibonacci resistance line. If it weren’t for the fact I’m lying horizontal on a sofa, my jaw would be hanging open.
