Market needs some catalysts to reach 1140-1150

Stocks bounced back from early weakness to end higher Wednesday. But the market trimmed a chunk of gains after encountered technical resistance. For the second straight session the 1100 line kept a cap on the S&P 500, but the index still managed to make a modest gain despite a lack of catalysts. After starting out the day lower, The S&P 500 inched up 2 points to 1094

Market was up three days after Monday's long tail candlestick. If market are moving as I was predicted, it will fill the 1120 gap and keep trending up until the 5th wave rally is finished. I will be glad to see SPX hit 1140-1150 with extreme buying mode, that's the flash point market will create spark between bulls and bears. At that moment, my friends, you had better hold cash, or short if you are aggressive traders because the phase II bear market may appear sooner than you expect.