S & P 500 Index Bull & Bear Interpretations

Bullish interpretation sees a push upward to a minimum target of 1700 and a highest probable target of 2500.  Bearish interpretation shows that the bear market rally wave II, which is shown as a Cycle (red) DZ with waves W & X completed and wave Y just south of its target.  This Cycle wave Y is unfolding as a required ZZ with Primary (khaki) waves A & B completed and C already in its target.  The darkened in red area is the space where all three degrees of trend hit their targets simultaneously and form a "Triple Bullseye".  There should be serious resistance in this area and potentially a sharp move south out of this zone as Supercycle (burgandy) wave III gets underway.