11/22/2016

SPX set is already approaching the next major target area of 2HR1 2209, SPY 220.99 and ES1 2205 after clearing YR1s at 2163 / 217.63 / 2169 respectively.

Despite the run up, we are not seeing signs of euphoria, and other USA main indexes are not on major resistance. This means the most likely scenario is tag of level, then higher or digestion. 

SPY, SPX and ES1 below.