27 Feb 2014

The triangle pattern still exists as one of our options.  Another option is that the corrective pattern is over and the days move is considered a 1st wave.  SPX really needs to break the 1841 level to keep the triangular pattern alive.  Any acceleration up means we are finishing of another 5th wave.  EW aside.  The ST has turned up and being that its in OB situation the Price Acceleration potential is high.

MT: UP
ST: UP
PA: UP