Stocks Ready for a Breakout??

The S&P keeps edging up to higher levels. We anticipated the next level at 4214, and that is exactly what transpired. Broadly, we anticipate some ranging between 4068 and 4245 as the S&P considers making a run for new highs, eventually. Watch for resistance at these upper levels including 4214, 4228, and highs at 4245. We will see support from 4188, 4178, 4144, and 4122. The Kovach OBV is strong, but not as strong as it gets when stocks are in ultra bull mode.