No. of Recommendations: 1
Only 1950 and 1980 saw events that were quickly followed by a significant correction -- defined as a move downward in the market of 10% or worse.

FWIW the downward case would seem to be the most likely direction from a technical point of view.

Looking at slopes of large, mid, small and microcap Russell index funds only Large Caps have a positive 21day slope. One day of price above the trend of top 200 doesn't give me a strong positive feeling.

gdm
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