Just as expected, the indexes all closed higher today. In the daily chart below, the SAR is currently at 3760. That is about 200 points away from today’s close. The current trend will continue.
My guess is we might begin to see a top when the Parabolic SAR rises to 3850 and closes in on the S&P 500 index, and if S&P 500 remains at around the current level. That is a lot of ifs. For the SAR to rise to 3850, it’ll probably take a week.