If you trade the S&P 500 futures or any related equity like the SPX or SPY then this quick chart will help you to realize that the bears haven’t been able to push us bulls down past support. I would look for some consolidation at the top of the range and the recent company earnings will push us to the top of the range but I doubt over it.Until there is a clear definition in tax rebates and laws there will be money on the side lines.
S&P Chart Weekly 4-26
