Looks bullish still as the market has been trending higher and will continue to do so until there is a sign of a reversal in the major macro trend.....based on the Fib extn. of 1.618 from the 07'-09' major macro bear market the SPX could hit the main tgt.#1 of 2138 level which is that 1.618 Fib extn. level & based on Fib time extn. levels then this could happen by 10/14' or so
