I've been watching this develop and just thought I'd share, this is my first chart that I've published, its not intended to be trade advice, and this move to 4778 (year end target) would really defy all of the fundamental info coming out, but the supporting fundamental reason for this move is a Dovish FOMC meeting where Powell either pushes the rate hike out due to worsening data, or even increases the rate of asset purchases on the balance sheet. This is a very scaled down chart based on what I trade, I will start to include more detailed analysis. To summarize, how does this occur? Hyperinflation