The Huge Rally, and My Current Outlook

So over the last couple months, we’ve had an absolutely phenomenal rally in equities.  The SPX index has recovered from its lows around 870 to its current slot at 1007.  So what happens next?  A huge pullback; the typical suckerpunch to the novice investor? A continuation of this historic rally?  Or possibly a small pullback, before the market takes off yet again?  The first thing to consider is the long term trend, as shown by moving averages.

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