The S&P is likely to pull back on Monday. This day is likely to be followed by a seasonally strong 4-day period. The S&P is likely to rise to a new high by next Friday.
Illinois Tool Works ITW is likely to rally in the coming week. The weekly cycle bottoms now. This cycle has been correct in all eleven instances in the last year. The daily and the monthly cycles are also ascending. The target area is in the $230 area or higher.