SPX made another all time high, touched 1808 and closed at 1802.
This 1802-1810 resistance could be very strong in the coming days/weeks to come, US equities already increased by 30% by this year only, all are expecting a Santa Claus rally, but the YTD is yelling that it may have been too much.
Charts are currently hard to predict, but I guess, a quick pullback should happen 3-5% before any new highs for the year. (50%)
or Primary Wave III must end this year and a sizable amount of correction will end this 2013 (30%)
or we breakout at this point without anyone expecting its coming and make new highs for the year and finish Prim Wave III or Major Wave III by January 2014 (20%)
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