I DON'T THINK SO... SEE CHART
UNDER THESE CIRCUMSTANCES...I'D EXPECT A GIVE BACK OF THE BIG SPRING "LIQUIDITY" RALLY...BEFORE ANYTHING ELSE CAN HAPPEN...
AS A MINIMUM...!
IN TRUTH...REVISITING 10,000 MIGHT BE A MORE APPROPRIATE OBJECTIVE ESPECIALLY NOW THAT THE SHIT HAS FINALLY HIT THE FAN ON THE DOLLAR, PERPETUAL ASSET INFLATION AND PERMA-BUBBLES.