- The S&P is bullish on the weekly chart all the way to 1200, a break of that resistance zone would signal a lot of upside to come.
- The daily chart is a little extended with numerous negative divergences. So, a small pullback is due, at minimum. We will watch key support levels for buying opportunities.
Weekly S&P 500
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiHRBTIANeSftbq0BZl8cJ5tzvf8gzMjQ-AVw6W9O1eCr94LJ-ABa1Vh2DtD0tr0qGejnBUkqwLzva_HnsHMJ_02TQrcDAmJBhOvMCOXiPddGgnzlktaQ6-41kOQuvv3mOrQ6oIqJSoKHij/s400/weekly.png)
Daily S&P 500
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhVUiBvEB4vjF6_GqzKK2EdS2vfwxQIkqWyD-z356Cxr38Cb2GTpE4wlKCL2HAu1X4zGZO4KeHlmui5YzWsCbWfkzRqNeY23V2hJBRSBYp66Ysd50w29SFHdZIqAXROj92kmTXNWjCpdOS-/s400/daily.png)