Re: My current S&P chart... 3030 looks pretty important.
Seems to me there is further downside ahead...there seems to be in the short some reduction in the FED largess ...I wouldn't expect more than a 8% decline, but from there after a rally perhaps a series of declining tops...much like the 1930 decline....which goes on for years through failed rallies and the Democrats take control of all bodies of goberment .