Date: March 2014: content.screencast.com/use.../SPX31714.jpg

$SPX Hourly Chart 

It appears the bears missed another opportunity to put the Ponzi to the sword today. As SPX broke through my stop today at 1861, I took my profits from big shorts entered last week. I then waited for this morning's pullback, and gasp, went long with a stop at Friday's low. At this point, expecting a test of the highs, and possible new highs later this week. Will wait for another bearish setup to materialize before taking another short. It's a matter of when, not if, the next bear market begins. Just waiting for setups at this point.