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“You got to be very careful if you don’t know where you’re going, because you might not get there.”
S&P after falling from 2019 made a low on October 15th and since then it is moving up non-stop.
On Friday, October 24th it closed at 1964.58.
The week of October 27th – October 31st is important for the market.
S&P is approaching critical resistance of 1984-1986 range. If it closes above by Friday (October 31st) then it could mean it wants to take out the all time high of 2019 and then will head towards 2030 and probably 2059.
So what S&P does this coming week is important to watch. My opinion is that it will take out 1985.