It’s a gappy looking rise on the W’s right side

Here comes the momo, folks. SPX’s middle ‘W’ point was 1947 and that is today’s high so far. It is interim resistance (including the EMA and SMA 50’s).  We have a best upside target of 2000 (+/-) with the slop insinuated in the parentheses possibly getting a test of the SMA 200 up around 2025-2030.

There are a lot of gaps happening here on Thing 2, while only one of them happened on Thing 1. Oh, and as we well know, it filled.