S&P Primary & Weekly cycles
Long term targets for 2013 are 1493 & then 1519
I would be taking profits my stock positions once the market reaches 1519...
& with long term support around 1380 & 1351...
Short-term:- trend bias is to move towards the January highs, which is seen as a random Resistance zone....
Whilst the previous Weekly highs @ 1437-43 as a reversal zone & Support during January