MOB ( not complete) is looking at 8-9 high ( see chart)
MACD target suggest more time is needed since it is slow.
Target is SPX 1168 at least.
Never invest your money on a thought on the internet.
Chart below.
Tuesday, August 3, 2010
Bullish not for Day traders
Remain bullish, Monday action suggest a high Thursday. I'm not over bought either. I do have a B/S pivot at 1108 not to worry.:) 
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