S&P 500 forecast for the week of November 30, 2015, Technical Analysis

The S&P 500 initially fell during the course of the week but found enough support near the 2070 level to turn things around and form a bit of a hammer. The hammer of course is a bullish sign, and if we can break above the top of it, but extensively the 2100 level, we believe this market should then go to the 2130 handle. After that, we should continue to go much higher as this is a very bullish market overall. We have no interest whatsoever in selling at this point.