ONE MORE MOVE UP?

Although I still feel we are near a top, the sideways movement over the last three days indicates there might be one more push up. I still feel that any significant decline will come after a decent sized gain...a sort of capitulation to the upside. There is some significant divergence in the RSI and MACD, but that doesn't mean we can't have another move up. Look at the 1050 area on the S&P 500 as a possible target. Keep an eye on the 5 day moving average of the S&P 500 to see if it holds as support.