1/3/2018

Markets continue power up move with SPY above JanR1 without any trouble. 

Let's consider the big picture - SPX above JanP 2658, Q1P 2629, 1HP 2592 and YP 2537. Assuming JanR1 is not an important top, then we can aim for Q1R1 2738, 1HR1 2776 and YR1 2830. Reaching YR2 would take SPX to 2987.

What an amazing run from August lows, just not stop power up with 2 key lows on NovP and DecP.