1500 or 1565: Which Comes First?

Everyone waiting for a pullback keeps getting dissapointed as the stock market makes new high after new high. So as I write this the S&P stands at 1521. 

I would love for all the traders out there to pitch in their thoughts on which will come first. 

1) Pullback to 1500. 

2) Advance to all time highs at 1565.

Share your thoughts in the comments section below. And just for fun, add in what you think will happen after your initial target is reached (go higher or lower?)

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