SPX 500 REACHES OUR FIRST TARGET OF 4369

The SPX long signal at 4266 on the 240621 closes at 4349 on 020721 starting July on a very strong footing.

Fibonacci projections see the next target at 4369 (1.0) and 4512 (1.618) from the base of 4138 (0).

LONG TERM UPTREND SINCE 011220

MEDIUM UPTREND SINCE 010620

SHORT TERM UTREND SINCE 240621

PIVOT 4241

Long positions above 4241 targets 4369 and 4512

Short positions below 4241 for 4007 and 3632

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