SPX is expected to produce a new high targeting 6490-6510
$S&P 500(.SPX)$ is expected to produce a new high targeting 6490-6510 to trace out 5-waves up from last week's low.
Once a new high is made a pullback is expected, but given the continued breakouts in $iShares Russell 2000 ETF(IWM)$ + $Dow Jones(.DJI)$ , that pullback is expected to be bought to 6600 (conservative) with upside potential to 6800 (aggressive).
Below the rising channel from May would increase odds the alternate is playing out.
$SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2509(ESmain)$ $NASDAQ 100(NDX)$ $Invesco QQQ(QQQ)$ $E-mini Nasdaq 100 - main 2509(NQmain)$
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