bears are coming out

Bears are suggesting that the top is in and we are set for an April crush, but we'll focus on price action itself which still remains within the range (see blog below regarding the trading range).  If this rally is done, the range must be broken first.
Next week earnings season begins and together with this correction will set the stage for some new trading opportunities.

FOCUS ON S&P cash 1400 AREA

S&Ps 1400 HAS BEEN A PSYCHOLOGICAL SUPPORT ON RECENT BREAKS

some interesting chart patterns

flags b/o

                                stair stepping trend then channel

                     

mr. HG breaking TL

The information contained herein is for educational purposes only and is not, and should not be construed as an offer to hold, sell or an offer to buy any securities.

Looking for a break of this tight trading range_

_ and any subsequent follow through. The biggest opportunities will occur when we begin to trade out of the range and ether succeed and begin to accelerate or_we trade outside the range, fail, and trade toward the opposite side.

incongruous

"Man, because he sacrifices his health in order to make money. Then he sacrifices money to recuperate his health. Then he is so anxious about the future that he does not enjoy the present; the result being that he does not live in the present or the future; he lives as if he is never going to die, and then he dies having never really lived."

-Dalai Lama