S&P is being squeezed between its 50 and 200 day moving averages
think if Ben’s secret weapon DVY breaks out upward, and, the S&P500 does
too, the market will go to new highs. If
the DVY breakout point is 77.50 and it goes to 80 that would be a 3.2%
move. It the S&P breaks out at 2100,
3.2% takes it to 2167. There is no logic
in that, I know.