If the S&P is going to continue upwards, then the most robust support level will be the levels in December and a push up towards higher highs.
Previous Weekly report
S&P Montlhy and Weekly
There is a breakout of the October highs @ 1174, which resulted in the S&P finding support around that level for a number of week's during November.
And on the first day of December the market begins the next leg up towards the December highs.
Those upper targets are likely to be reached next week :- 1238 to 1249.
December highs @ 1249 will complete the break and extend pattern from October's breakout @ 1174
