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February 24, 2014: New “Higher High” defines a reinforced ascending trend.

02-25-14 SPX Daily Headline Chart

February 21, 2014: Consolidation pattern developing awaiting resolution.

02-24-14 SPX Daily Headline Chart

Prices consolidated under “Double Top” resistance and continues to avoid a potential bearish reversal pattern.

February 20, 2014: Prices bounce back after test of lower support

02-21-14 SPX Daily Headline Chart

Prices bounce back after test of lower support to avoid an ominous bearish reversal.

February 19, 2014: Extreme overbought conditions finally weigh on a very extended rally.

02-20-14 SPX Daily Headline Chart

February 18, 2014: Prices pause after a relentless ascent with marginal gains.

02-19-14 SPX Daily Headline Chart

Prices pause after a relentless ascent with marginal gains. Resolution of an indecisive “Doji” pattern should determine the very short term trend direction.

February 14, 2014: SPX ascent continues awaiting a far overdue throwback to test support.

02-18-14 SPX Daily Headline Chart

February 13, 2014: Buyers swoop in after a discount (lower) open at 50 Day Moving Average support leaving Sellers daze and nervous.

02-14-14 SPX Daily Headline Chart

February 12, 2014: Current rebound losing steam and overdue for a pause.

02-13-14 SPX Daily Headline Chart

February 11, 2014: SPX thrusts higher to reclaim important support levels.

02-12-14 SPX Daily Headline Chart

February 10, 2014: Prices end with marginal gains but momentum is waning.

02-11-14 SPX Daily Headline Chart