The market's unable to make it back to the 18-day average. So it's been doing the fighting in this case at the 100-day average. If the market collapsed, $2542 is in the picture.
I'm certain that this breakout is kicking off the final phase of the bull market and all you have to do to make really good gains every year is just trade two intermediate cycles a year.
The market stopped at the 18-day average of closes. Should it break a lot from here? Well, I think reaching for $2189 would be a dream, I don't think that would happen.
