All on board, ship shape....

Green to go and this is atypical of retesting before climbing higher. Opened near r1 635, fell to S1 629 and up to r1 again. It is classic. Now if you look at the 30 minute chart, the lower line of the bearish upward sloping channel was formed and two upper lines could be projected. It is clear that because of the angle of ascent, there is a much higher probability of achieving 639 than 645. It appears at this time that 639 or approx SPX 1400 is the top for this round. Unless there is a steep rise in the next two days. Time will tell. Tomorrow's numbers are 637, 633 and 630.

2c