August 11 S&P 500 emini chart

I am still looking for the close of the 1322.50 target.

Oil is making it easy for this market to move. I am expecting to see $107 a barrel. Lets see how long it will consolidate down here.

Euro is also loosing strength, expecting to see it head to 143 over the following months.

Gold will also see $810 area. Dependant on news and Israel and Iran's ability to get along.

Expecting to see a quite period for the next 10 days and then some break out movements in the market.

Don't fall in love with the upside.