With the market making all time highs, I believe it's time to take a step back and view where the market may go. Right now, the S&P E-mini are breaking the all time highs with greater from when they were set back in May of 2015. With that in mind, I believe that if the /ES can hold that as support, we're heading higher. If that doesn't happen, I think we'll continue trading in the range with the support being the blue shaded box area and the being the solid .
After this week and next, we'll have a clearer picture of where we're headed.