Our Dow and S&P 500 targets were hit a few days ago, and we have now reached our target for the NASDAQ Composite! We couldn't have asked for a better path to these targets, but what now? I think our first clue should come from the due to the major resistance that it is currently testing.

The chart above shows how we resting right at this resistance level. Next week should provide us with our first glimpse of where the market goes from here. The strong and consistent march to the upside makes the market look extremely overbought. Momentum seems to have slowed as well, but getting bearish on the market now is strictly a gamble - let's see if we can get the Dow to tip the markets hand in the next couple of days.

JD