S&P 500 2727.72 +4.65.
Finally, over the last week, the stock market took off from a level we clearly identified as a low risk entry, according to our risk profile model. Volume, breadth and the cumulative advance/decline line confirmed the momentum of the upmove and the impulsive nature of it. Our short term objective lies around 2780-2800 that may mark the first resistance. Daily and weekly sentiment indicators stand, for the time being, around the neutral level.