SPX go a little higher eventually I think, maybe to 1440 eventually but first pullback is evident for minor wave 4, maybe 30 or 40 points for this week. Probably should fit in nicely with a good pullback and then 1.10 on AU. I think sell in May and go away probably right on this year.
I was looking at a weekly of aj. Looks like the 88 level is where it broke down back in 2008. Looks like a real major resistance level as it has been years since it was higher.