We accurately called the bottom of the down trend last Monday and the turn up of the markets on Tuesday.

This uptrend will be composed of first of 3 legs, (1) up 35 points on the $SPX, (2) a small pullback, (3)  followed by second 35 point advance.

Then, we will have another potentially larger pullback, followed possibly by a 70 point or so advance that will end this bull market that started in March 2009.

Our final target is 1,618-1,634 range on the $SPX, or 14,788-14,920 on the DOW.