Emini S&P 500 we wrote: hit the next target of 3208/09 and 3212/14. Needless to say, we could continue higher to 3218 and 3223/25.
All targets hit.
Nasdaq higher through 8690 and 8699/8701 as expected to the next target of 8725/30.
Emini S&P hit the next target of 3223/25 as I write. Bear in mind we are severely overbought so gains could be slow but do not even think about a short position in the bull trend. A break above 3230 targets 3245/48 and 3260/63.
First support at 3210/05 but below 3195 risks a slide to 3185/80.
Nasdaq reaches all targets as far as 8725/30. Gains are likely to be limited in thin holiday trade and overbought conditions but look for 8760/65 and 8790/8800 next targets.
The downside is expected to be limited in the bull trend. Minor support at 8682/78 and 8640/30.
Trends
Weekly outlook is positive
Daily outlook is positive
Short Term outlook is positive