Trading the Line

Still looking for a new low, probably not yet.
Target probably 200 MA and bottom of gray channel at 2015.

Now waiting for a catalyst.

Recovery but not quite enough for a Buy Signal, perhaps just the new month's money.
Interesting developments in Venezuela could be the start of a bigger problem globally.

Still hanging onto the support line.

Looks tired but without a catalyst will continue choppy grind higher, especially with the central banks accommodating behaviour and too many bears.

Holding onto support, so maybe we get pop and then drop.

S&Ps at a critical juncture now and looking like it 'should' roll over now.
But I wonder if too many folks are thinking this and will spoil the party?

OSC looking weak again and T volume dropped below zero. Potential early warning sell signals.

It does seem that the market is running on vapors, and with the expiration of the major arm of the split centred T structure over the next few days, we may see the pullback that everyone seems to expect. OSC still hinting at lower prices too.

Playing wait and see. But looks toppy.