Long term has closed above the Entry Point of 845 which provides a new target of 1023.75. a trade below 711 will put the market back into the down trend with a 590 target.

Daily target of 904 has been met. expect consolidation above 867. next upside target is the january high at 942 and 947. 834 will start a new down move, to 1st target of 764.

the only groups that seems ready to move up, no signals yet, are the defensive stocks such as drug and biotech and early signs in the gold stocks such as AEM & NEM.