Strong undercurrents happening in US, after months of seemingly futile effort to stem the crisis.
http://www.carolinajournal.com/exclusives/dems-target-private-retirement-accounts.html
This bottom at SPX=666, has greater significance than most people realised. It may be the onset of the next Bubble.
Obama is aware, that is why is want to put a stop to this boom bust cycle, as the next boom cycle has just kicked in. With all the liquidity pumped in by all governments, it is going to fuel quite some activities.
SPX at 805-860 would be critical to ascertain if this is just the retest of a massive SPX Head and Shoulder pattern, or the failure of a decade long H&S pattern, with an ensuing rally.
Nonetheless, we are in a Kondratieff Cycle.
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