Steve Leuthold says "short term correction, 1100 for the S&P 500 before year end."
Steve Leuthold, who has his own version of the Coppock curve, is bullish. And as mentioned in a previous blog he is not a permabull or permabear. In fact his bearish Grizzly short fund returned more than 70% last year...!
Also check out this article I posted before on the Coppock curve: