The consolidation warning for the S&P 500 Index (SPX) on 4/14/14 has been closed. As I mentioned in the 4/14 post the warnings have been coming late over the past several months due to chasing and uncertainty from traders on Twitter. The 2013 theme where market seems to get right to the edge and then rallies looks like it might be continuing. A move above the recent highs would be a big positive for the market.
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