Very nice day !
Next major resistance level is 1060, if 1060 can be taken over by bulls, I will expect a new higher high than 1080.15 in the near future ! Bulls are not dead yet.
My previous predicted S&P 1000 target has not been reached yet. The lowest S&P 500 point we get so far, after the prediction, is 1,019.95. ~ 20 points away from my predicted target. Unless the down trend channel in the daily chart is broken out, I still think we have a chance to see S&P 500 ~1000 before another major leg up !
Other previous important predictions can be found here as well.
Dead cat bounce can not last long. Bulls will be slaughtered this time.
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