Another T/A chart aspect right now is the large 'gap' from earlier this week. The S+P 500 gapped up from 4420 to 4460 (approx), and in T/A there is a general rule that all gaps are eventually filled, meaning that at some point the S+P 500 will have to come down to 4420 again to 'fill the gap', before resuming the bull market (assuming that's what we're in).
Anyway, with the current momentum, the S+P 500 might continue up to the July high (4600) before a meaningful pullback / consolidation occurs (which 'closes the gap'), or alternately, the current move stalls at the Sept high trading range (4510-4540) and pulls back. Or some variation - like a small pullback, followed by the move to 4600, and then the larger pullback to fill the gap. Either way the 4600 target is beckoning, though things are starting to get near term overextended, RSI near 70, etc.
But upward momentum should be a durable backdrop, since Wall St has gotten the 'green light' from the Fed to get back into stocks. Today G. Sachs made a call for a new all time highs next year, which does seems likely, so a simple buy/hold could be the best overall approach.
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