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The Chaikin organization put out an SPX target of 3200 a couple weeks ago. We've been bumping up against that level now, for several days. Most daily chart indicators are resolutely bullish; but two of Mark Chaikin's favorites, the CMF and the Chaikin Oscillator, are showing bearish divergences from the prior recent price high.alphahorn wrote:I think the cash SPX sees 3202 today, so ES around 3206.