If the SPX is able to break out of the Box of Banks, it will be geared for a test of the Election Day peak of 1007.51. I posted the Box of Banks Fibonacci levels in the fourth chart on this page. To escape the Box of Banks trading range, the SPX must break over 944, the January peak. Then it will be in the Box of Miracles (click chart to enlarge):
Resistance inside of the Box of Miracles will likely be found at these Fibonacci levels:
959.00
970.88
979.22
987.57
997.89
1,014.58
