S&P going through a rather minor correction in my opinion from the technical perspective. I think you'll see it come back down to that 1.618 level before we see a resumption of that march to the 3.618. This is just my advice, once it hits that $3,200/3.618 level, I'd get out. That growth from 2008 to now is simply unsustainable. I'll give it until the middle part of 2019; I'm not blowing the horns of Jericho, but my crystal ball tells me that it's time to strap in (or in my mind, go to bonds/cash) once it hits that level.
Happy trading! :)
Happy trading! :)