19 Nov 2015 - Forming Like A 4th

The pattern today seems to be forming a 4th wave.  This however is a smaller degree 4th, but we should still see a higher move tomorrow and perhaps a 2090 target in the SPX.  What happens after that is another question. With the end of the week closing tomorrow, a bullish scenario would look most likely if prices do not at least retrace to the start of the weeks open to form a reversal candle.  The bearish scenario would also see this 3 wave rally end and can be confirmed when prices break below  2065 retracing the last smaller degree high.

Nothing has changed in terms of our general direction.  ST still remains UP...

SEN: Bearish
ST: UP
PA: UP