S&P 500 index extended its short-term uptrend on Friday, as it got close to the level of 2,050. Will it continue higher despite technical overbought conditions? Is this a new medium-term uptrend or just an upward move within almost year-long slightly descending trading channel?

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S&P 500 broke above its recent local high yesterday, as investors' sentiment remained bullish. Will it continue even higher? Is holding short position justified?

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S&P 500 index slightly extended its short-term uptrend yesterday, as investors reacted to the Fed's Rate Decision announcement. Will it continue higher? Is holding short position still justified?

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S&P 500 index remains within a short-term consolidation, as it continues to fluctuate above 2,000 mark. Investors will await today's FOMC Rate Decision release, along with series of economic data announcements. Is this a topping pattern or just consolidation before another leg up? Is holding short position still justified?

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S&P 500 index fluctuated within a relatively narrow trading range on Monday, as investors took short-term profits off the table following Friday's rally. Will the uptrend continue? Or is downward reversal currently in play? Is holding short position still justified?

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