Are they going to break 2785 today? I wish to see some afternoon selling
The upside price target for the SPX, that was given by the SPX McClellan Summation Index 2 months ago, is 2800 plus or minus 1%.
That said, if we see any kind of breadth plurality of 3:1 or better by Monday, there will be new upside targets given to minimally the 3000 level.
At this point, I would throw out any emotional or fundamental reason why the market can't go up and concentrate on riding the wave higher until PROVEN that a decline can actually be generated.
Fib
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