Remember this chart?
Here's the update.
Futures are blasting to the moon this morning, which is apropos, being a new moon today 7 hours from now -- right in time for the close. A new moon usually brings change: change in weather, and sometimes change in market direction. The question for today will be whether this change blew in a day early, or if it happens today.
About all I'll venture at this point is that I would not be surprised if the upper trend line gets tested. A breakout above it would argue for new highs. A failure would bring 1190 into focus, and fast.
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