SPX - 1,400?

That's what the 5x3 H/L P&F is suggesting. A rapid recovery from the recent sell off, then a 3 box (15 point) reversal, then another reversal to the upside, giving the double top buy signal and activating that target. To the downside there is a target of 1,100 but this is not active. Would need to see a reversal to the downside and the low of that previous column of 15 0's to be taken out (ie a move below 1,245)

Yesterday's 5x3 closing P&F has active targets to the upside of 1,425 and 1,525 (the highest column of X's gave a target of 1,460 which is not active). Previous targets (1,235 and 1,320) have been met.

To the downside, the recent sell off has given a target of 1,120 but we would need to see a close below 1,255 for this to be activated. If the index closes above 1,335, ie above the level where this large column of 0's started, I would remove that target to the downside (as the move higher will be greater than the 14 boxes filled by the 0's).