Target hit. Expecting upside continuation. Long.

TP = 2,854.75 hit as the 1D Channel Up (RSI = 65.007, MACD = 19.610, Highs/Lows = 15.5179, B/BP = 48.7240) extended on a new Higher High at 2,863.75. A smaller Rising Wedge pattern however is squeezing the price through the funnel towards the All Time Highs. That remains the second TP = 2,787.00 and the 4H Channel Up is steady enough (MACD = 8.760, Highs/Lows = 0.6071, B/BP = 13.7820) to see this through by next week.
Chart PatternsS&P 500 E-Mini FuturesTechnical IndicatorsSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) standardandpoorsstandardandpoors500Trend Analysis

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