SPX's Channel's Minimum targets calculation, if this plays out.

101 Channel's analysis.

Comment:

3970 is getting close by, our first target.

Comment:

Blue line target reached 3970.08 . Next target 4025 as of today, probably "In Progress" we just need to break out of the blue channel..

Comment:

First time rejection from the Blue channel's upper line, is quite normal. With out bias with out emotion 101 price behavior.

Comment:

Our Blue wave channel , is becoming stronger 2 rejections so far !!!

Comment:

The Blue channel is 'Gaining" strength this would be our third time trying to break out from it.

Comment:

Still the Blue channel is in control, we need to break out of it for any further bullish moves.

Comment:

Text book style .

Comment:

Second day below the channel's line is not good. We need to push today upward above the line. Click the play button for more data.