Dec. S&P 500:
1. In today’s (Tues., Oct. 20) early session our live messenger indicated new long entry at approximately $1963/$64 for a forecast advance to $1968/$69.
2. Today’s session completed the $1968/$69 upside target, completing the trade. Higher prices remain likely prior to the ending of the larger advance underway. A daily close today below $1961 is the weaker position and would negate our bullish outlook.