8:27 CST S&P 842.75

Wells Fargo has surprised on the upside this morning with better than expected revenues. all financially related securities are responding.

the S&P index futures are up to the monthly long Entry Point again. the next price objective is 1025.75. 722 will be the Stop and Reverse point. the weekly is breaking thru the median line resisitance. all pressures are up.

Daily pressures are turning back up. a break thru the 848 high would allow us to continue to the 867.25 price objective and if price can get thru that then the 942 and the 948 objectives become probable. 778 wil stop this upmove and begin a retracement down.

cycle pressures show beginning downward pressures that will persist til 4/29.