Heart-warming to see S&P 500 breakout above 1900, with the candle gapping through the resistance level. Expect an advance to 1950*. Completion of a 21-day Twiggs Money Flow trough above zero indicates strong buying pressure. Reversal below 1870 is most unlikely, but would warn of a bull trap (and correction to test primary support at 1750).
* Target calculation: 1850 + ( 1850 – 1750 ) = 1950
CBOE Volatility Index (VIX) below 12 signals low risk typical of a bull market.
