Actual: The MC suggested a 2/14 and 2/18High, which is what we got.
The rally has been relentless in the last couple of weeks and months. In the last 57 TD (11/29L), we are up a whopping 170.43 SP's, in the last 121 TD (8/27L) we are up 304.37 SP's. That is a 2.99 SP Gain/Day (3X1) in the last 57 TD and 2.52 SP Gain /Day in the last 121 TD. What is interesting here is, I have seen on various Forums in the last couple of weeks and months, a growing pessimism as the markets continues to march higher with many good analysts constantly looking for a Top, which is a continuing Bullish Sign in general.
If the MC remains active, in general, we should continue to grind higher into June 2011 High of the Year, despite shorter term fluctuations.