SPX longer time frame bull market view

SPX has been ripping higher currently 4 weeks. I believe we could see a pullback to go long again. The SPX has broken its upper TL that's been acting as resistance since 2009 lows to date. Using fib extensions I believe the SPX could try to head towards the 1820/30 level by the end of the year or first of 2014???

The weekly 200 TEMA has not been visited by price in a while, a pullback to it would not surprise me.





Disclaimer