Rally hats back on?

It looks like it is time to bounce again.  This is the adjusted rising wedge for SPY.  This current bounce appears to be taking place where the adjusted support looks to be.  I am tired of this game.. but it appears the S&P is ready to cycle through another rally mode.  Global economic data looks terrible to me, but the stock market(s) disconnected from economic data a few year ago in my opinion.  So rallying despite bad data is nothing new.  I have entered some long positions, but am mostly a bemused bystander by now as I believe we are well into bubble territory.

2015-03-16-ES_CHARTS

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