S&P Analaysis: More upside left as last leg. 14-Jan-2020

CMP: 3289; Res: 3300; Sup: 3268/3261

Primary Scenario:

Can come down to 3286-3280 n reverse back to 3300.
Upside targets: 3302, [3308-3310 ultimate target], 3313, [3325-3331 extension].

Alternative Scenario:

If 3300 resists and we are in wave 4, can see 3271-3265-3260 n reverse back to 3300 first.

In both scenario, I expect to see 3295 again and more up.