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Rally Accelerates, Targets 4495 8/22/23

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That would be the conventional measured move implication if the ES, 24 hour S&P futures break out above 4420. However, as of now the 5 day cycle projection only points to 4445-50. There's plenty of resistance indicated on the charts in that area to stop the upward momentum. It should result in pushback. But it would be very bullish if cleared. 2-3 day cycle projections only point to 4445 also, but shifting to a 4 day basis, we're getting 4490-95. So I would not place a bet against that happening. 

Weak Week but List Stays Net Positive

And then there's this to worry about. Liquidity Trader- Money Trends



Which is the mirror of the unfolding of this catastrophe, first charted as such more than 18 months ago. 



For moron the markets, see:

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For almost a week now, the price of the dollar index DX.F has been creating increasing pressure to break out of the supply line held after the peaks of March 8 and May 31. The bulls have managed to get out and stay above the SMA200 average. This indicates a growing sentiment towards the dollar, but the breakout as such is not there for now, and from here a turn to the south may well follow. We are waiting for a resolution, which should come in the not too distant future.

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