Probably 1801 then 1425 by years end.
The bulls have everything going for them right now. Massive cash inflows, fed doublesepeak, pomo, technicals etc... This should combine for a parabolic upmove in elliot wave 5 blow off top fashion.
Oil continues it rise to $110 and stays above $105 for another month. This devastates the economy right as we reach extreme market valuations with margin debt at record highs. We then crash. With oil above $105 for most of August then you can expect the crash to begin in sept/oct. glta.