I believe we’ll see a (short term) High this Friday or Monday, OCT 16-19, Target 2040-45.
This is based on Cycles and Elliot Wave, see 4h chart below.
If wave 1 = wave 5 => Target is 1990 + 55 = 2045.
Remember, tomorrow is option expiration, so that might explain this…or read this article (zerohedge).
S&P500 – 15m chart
S&P500 – 4h chart