Are you ready for another market milestone?
Judging by the market's short-term trading pattern alone, famous technical analyst Louise Yamada says that the S&P 500 is on its way up to 2,000. Meanwhile, she sees the Dow Jones Industrial Average heading to 17,200.
"With the breakouts that are in place for these indices, I think you could move a little higher," Yamada said on Tuesday's "Futures Now." "You may not see something more contractual until into the fall."
In the three-month chart of the S&P, Yamada observes a "continuation" pattern that indicated the S&P's upward momentum will continue.