This time, there is indeed an unfinished leg to the upside to 1620 before it is to drop to 1340 or 1470, after which there will come the real inflation-adjusted massive rally for two decades. This is what some technician said at cnbc on basis of 80 years of market history.
There is a good chance ETFC will go up. Around me, all real estate had gone up minimum 10% in last 6 months. Anything you bought for 150k is now 250k, and anything you bought for 300k is now 450k, and 650k is now 700k, and 1.5 million is now 2 million. This is a real movement.