Bullish Chart - October rally similarity continues

11. März 2016

This week's price movement respected the upwards wedge trendlines and closing price action just breaking above the 200 daily MA is very similar to price action on 10/22/2015. There is resistance at 2025, but if this breaks, I expect SPX to hit 2050 in March. Closed all existing long positions to see price movement in the coming week.