The January high is 939.50 and the recent high is 929.50. All long term indicators remain up and extended. This move is in it’s 10th week and the cycle ends 5/29. Be careful of any new move up that does not take out the recent high.
Daily – the next target area remains 940-947. a trade down thru 858.50 will start a down move to 787.75. there are already lower highs on the intraday in a down move to the target of 889.