CME_MINI:ES1!   S&P 500 E-mini Futures
morning,

spy looks to be heading to this local 1.618% extension of sub-wave 1 to confirm the first wave 3 impulse after that tedious correction from last month.

its in a series of 1-2's in my eyes, so i think we should see this melt-up continue until the end of this year.

originally my target was at around 4750, but i do think its set up currently to go higher.

just slightly under 5000 is probable as the top of this mania phase.
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