S&P 500 index got back above the level of 2,050, as it retraced its recent decline. Is this a topping pattern or just healthy consolidation before another leg up? Is holding short position justified? Investors will wait for quarterly corporate earnings, economic data releases.

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S&P 500 index remains close to the level of 2,050, as investors await quarterly corporate earnings releases. Which direction is next? Is holding short position justified?

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S&P 500 index extended its short-term fluctuations on Friday, as it remained close to the level of 2,050. Is this just a flat correction within two-month long uptrend or some topping pattern before downward reversal?

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S&P 500 index continues to trade along the level of 2,050. Which direction is next? Is holding short position justified? Or is this just a flat correction within a medium-term uptrend?

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S&P 500 index retraced its recent move down yesterday. Will it continue higher or extend its short-term consolidation along the level of 2,050? Is holding short position justified?

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