It’s tough to be a bear. I’ve shorted this rally here and there when TA started to show overbought since February. However not covering quickly enough has given me wounds. Now I’m licking my wounds seeing SPX passing 1,600 making its all time high closed at 1,614.42 on Friday. The target for this coming correction is revised to 1,480 or perhaps 1,532 if the market continues to rise from here.