S&P500 Looking For New High Towards 1990-2000

{{166|S&P 500}} made a third leg down on Thursday that now already appears complete after a strong bounce through 1967 swing. A decline from the high now looks like a completed zigzag that can lift the prices back to all time highs. As such, we are bullish again on the S&P, and will be looking for a new high and towards 1990/2000 as long as 1944 support holds.

Forex Analysis by Gregor Horvat at ForexPros. com