I really have this gut feeling that the S&P is going to hit 3676 before it corrects. It punched 1.146 fib ext off the March low on Monday and hung around all week. There is no way the algorithms are not going to stop until it hits 1.236 now. 1.236 is the max a corrective wave B can hit, and the market did not come this far from March to give up this close. See my recent Bull thesis idea for more complete details. Also not that the trend line off the March low lines up nicely with the previous rally and correction to make a 3676 top on Wednesday.