hold on tight

Although we can expect a pause here – 10 days symmetry from the all time high on 24 July, I'm not expecting a significant pullback due to the strength in the T volume oscillator

I expect to see a continued grind higher from here and new highs shortly – 2000+ in sight.

Hold on tight. Keep an eye on the trailing S/T stop – currently at 1959 and rising – we shouldn't violate that before the first main peak of the T.

Chart of S&P 500 for 20 August 2014

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