If ~17.7 breaks, the target would be ~16.5, but above 18.4, the bulls win.
Strong resistance zone ahead 1535-70, the positioning is extremly bullish (like at the treasuries) the BTC started to weaken, and the indicators started some kind of a divergence. What's more, yesterday the bulls started to dominate the equity market (some kind of a risk on move).
Major turn is under way at PPLT. Looks an interesting buying opportunity.
RUT is much uglier than the SPX. If the broke down gets some reconfirmation today, than...
SPX slowly broke the supports on the hourly graph (and left a h&s pattern), so the next target is the bottom of the range at 2815-20.
SHCOMP tries to break out from a falling wedge, meanwhile copper and CNH made fresh lows. Last time (in April), stock market was dumber.
Strong break out and upward momentum after a 2 months long consolidation. Above the resistance (1212) and 50 DMA and out of the bearish channel. The environment is also favorable: weakening dollar, increasing risk aversion.
Silver broke its descending channel, and forming a head and shoulders bottom. If gold is one step ahead, the chance of an upward breakout is bigger.