Near Term Trend: Positive
Fridays Close: 3744 (+ 4 1/2 Cents)
UPDATE: Our theme five months ago: Quite bullish as long as support at 3270 holds. Subsequently, once price action traded above the 3350 and held, the market barely looked back. There were some stops and starts of upside momentum, but overall the rally has remained intact, and this past week perhaps the biggest bullish development as our proprietary key resistance at 3710 was violated.
I would expect a further gain toward the 3940 region.