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SPX has another bullish break out

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S&P 500 (TVC:SPX)  
markrivest  
TVC:SPX   S&P 500
10
2
The SPX has broken above a multi -month trend line and Fibonacci resistance.
Daily RSI is at the highest point since the rally began on 2/11/16. In stock market rallies the RSI almost always needs a bearish divergence before a significant peak is recorded.

Seasonality for US stocks is bullish until April. SPX could reach at least the low to mid 2400 area.

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