The week of flatulence we just endured argues against going out on a limb with an exciting prediction, so let’s stick with the unexciting “external” peak at 1645.80 as the number bulls will have to beat before they can crow. Bullish confidence would take a much bigger leap, however, if the impulsive leg that spears 1645.80 keeps going to 1681.80 before it runs out of energy.
