S&P500, looking for 3023 after break up 3012

Wednesday forecast, July 17
The pair is trading along an sideways trend between support 3002.45 and resistance 3012.50, where may be expected to continue in case the market rises above resistance level 3012.50, which will be followed by reaching resistance level 3023.50.
Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 3002.50, which will be followed by moving down to support level 2992.50.

Weekly forecast, July 15 - 19
The pair is trading along an uptrend with target on 3050 and may be expected to continue, while pair is trading above support level 3002,45.
An downtrend will start as soon, as the pair drops below support level 3002,45, which will be followed by moving down to support level 2958.