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Extreme Bull is here again

|Includes: SPDR S&P 500 Trust ETF (SPY)

My long term technical charts are showing extreme bullishness.  This is reminiscent of the 2003-04 period and earlier periods such as the mind 1990's and early 80's.  Note that the market has crossed over decisively the envelope channels and moving into the upper bounds of the bollinger bands.

Long term S&P 500 view with envelope channels and Bollinger bands