Nice little break-out immediately before close today. Expected...

Nice little break-out immediately before close today. Expected as investors are securing a position for Monday.

Crystal ball:

With reference to this slightly adjusted pitchfork's 3-month median line (red), SP isn't overbought.

The upper resistance trendline on this pitchfork intersects just over $23 on Monday (6% up on today's close). Expect profit taking at this point unless opens substantially higher than $23. Closing very short of $23 on Monday means lots of price factoring into today's closing price / heavy stag profiting; anything above $23 (breaking the pitchfork) is the gravy train.

AIMO and enjoy the weekend!