1930 – 1935; 1945-49; 1958-61; 1972 and then 2010.44 2028.38 and 2047-53;
Levels to watch are the resistance at 1947.20 which was the high of Feb 1st, and also the 1945-49 which falls on the triangle trend line and the 100% extension of a previous move (Low of 1/20 to high of 2/1).

Yesterday’s move was the expansion of the squeeze on a daily chart. According to theory the move could run from 6 to 8 bars following yesterday’s high. If this is the case the SPX could run up to the Dec Highs and beyond.

I believe that the 1945-49 level may hold the market for this week though…that an $10 will get you a starbucks latte…