SPX 5500

My median Target for the SPX is still 5500. Using channels, Fibs, Elliot Wave, and volume colored bars I show where I believe the SPX is headed for next. It just needs some more fuel.. How it gets it I'm not sure I just know its destination. I also used TA to determine we are in fact still pointed up...

Remember...When things look bleakest that's when you should buy.