$136.25 could have some serious stopping power; however, with the Dow making new highs the potential is there for a thrust above this important level on the S&P 500.
Left click on chart(s) to expand.
If the above target is exceeded with any real strength, don't be surprised if the bears once again go running for cover as another short squeeze is generated. This is an exceptionally important psychological barrier for bulls and bears alike. At stake is both a new beginning or an abrupt end to this rally.
