The recent pullback is over. A close above 1265.05 today will confirm this. Look for a rally of almost 36 handles from yesterday's low of 1250.91 which successfully tested the 21-day MA. Short-term traders use the 21-day MA as a trailing stop should the market close above 1265.05 SPX today. Target: 1286.72
I knew this could never be an outright prediction. So I was looking closely for the "if's" and "when's". I found them EVERYONE: totally diregard this bogus predction. When it fails, lithium will tell you that since the S&P did NOT close above 1265.05, this thread doesn't count. And yes, that means if the S&P closes today at 1265, and then doesn't go higher, lithium will tell you that the prediction doesn't count because blah. I got one, if the S&P closes above 1270, look for it to get to 1275 on monday!!
Well, well . . . Look who just showed up??? The moron that missed-out on the entire rally off of the October 13th low. Not one single bullish post by the Rubber-Birdbrain during the entire 8 week rally. Congratulations on showing everyone here at ET that you missed-out on a 104 handle rally in the SPX. You're the Best!