Market Vitals: S&P 500 Corrective Target - Looking to get short again...

S&P 500 Correction Target - Looking to get short again!

We believe the move higher in US stocks is a minor correction setting up for a much deeper decline. Our best guess for a place where this likely rally may end, measured by the S&P 500 Index, is around 1423, which is labeled (b) in the chart below.

Market Vitals | 27 November 2012 [http://www.blackswantrading.com/storage/market-vitals/112712_mv_sp500.pdf] ~ [http://www.blackswantrading.com/storage/market-vitals/112712_mv_sp500.pdf] ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

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