SPX daily analysis 3/1/14

1 thg 3, 2015

The market has made a nice move upward from the triangle breakout. It has now moved to the top of the channel and is looking to make a test. The indicators are all overbought. The price pattern is fairly weak.With the VIX being low and the leading indicator (Russell 2000) also showing a signal of topping out, the odds are higher for this to test 2095.