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04-2-14 SPX Daily Headline Chart

April 1, 2014: SPX breakout attempt from a 3 week consolidation pattern is underway.

04-2-14 SPX Daily Headline Chart

SPX breakout attempt from a 3 week consolidation pattern is underway. Onus on Buyers to follow thru higher and survive a likely test following Friday's upcoming Non-Farm Payroll report (know) volatility event. As "Triple Top" patterns are highly infrequent, advantage Buyers until proven otherwise. That said, buying retraces when testing support is always preferable to buying at the highs. Patience advised.

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