On 1/26/18 the monthly, weekly, and daily SPX - are all at their highest levels since March of 2009.
US stock market patterns are until May.
I've discover Fibonacci resistance at SPX 3047, more about this in a future post.
High probability SPX rises to 3047 area by May 2018.
Corrections along the way likely to be brief and shallow - 3 to 5%
lasting maybe 1 to 3 weeks.
A correction may already be complete on 1/30/18. If not there is strong support at SPX 2775.
This target could be reached on 2/2/18 or 2/5/18.