$SPY to $470

SPY has CLEARLY bottomed to me: after a 9% decline within a year-long bull market, markets are regaining strength and upwards momentum.

I find it unlikely that we set new SPY all time highs, but I certainly do expect us to set new yearly highs- I'm looking for a move towards the $470 area, with some confluence around a .236 extension and an upper trendline drawn from another major high set earlier this year.