1. In yesterday’s (Mon., Feb. 2) live S&P messenger it was noted that any significant break of $1984 would test/attempt $1972/$70.
2. Subsequently the market broke $1984 and completed the majority of the forecast decline, making a session low of $1973.75, against the $1972/$70 downside target.
3. The slight miss of $2072 was an important indication which led to today’s powerful advance. Will message any further entry or indication in the March S&P.