The S&P 500 (SPX) reached an all-time high of 5708.25 on July 12, 2024, surpassing the previous high of 5655.56. The fair value to SPX all-time high print was 5705.25. Market activity has been robust, with the SPX hitting a daily range target of 21.01 points, interpolated with VIX and JATS PT. Traders are closely monitoring potential intraday resistance and higher daily targets, with significant activity noted in both SPX and NASDAQ futures (NQ_F). The NASDAQ futures market has seen notable movements, including breaking morning ranges and hitting full hourly ranges within minutes. Traders are focusing on volume and levels to navigate the market dynamics. Notably, NinjaTrader has been a key platform for these observations. The market is expected to continue its upward trend for 5 more hours.