The rally that began in December corrected 15 points before going higher 2 times. It seems it is going for the 3rd:
Yesterday I thought this pattern would be broken but in bull markets the path of least resistance is always up.
However, weakness is more and more evident. The VIX usually diverges from the market before bigger corrections:
This along with other evidence makes me hold my belief that we will see a bigger correction very soon.
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