S&P 500 Monthly and Weekly cycles.
Weekly low support @ 1323 has resulted in a weekly close above 1375.
My view is that the S&P 500 will continue to trend upwards for the next 5-days, and then push higher into the august highs.
Note:- If Monday opens much higher, and reaches the Weekly highs @ 1395 in early trading, then this can often provide traders with a short-term 'sell' pattern of 14 points
1375 will then be seen as Support for the rest of next Week
