Trading for the Masses

So we are almost done with the first quarter of the year and here is a quick overview of the SPX. You can clearly see on this chart that our trend is down and the three rallies we have had have all been induced by the FED and their actions. Each move has been slighter than the last, but the 1250 area keeps holing for now. So watch 1250 and 1400 for the ranges to change. Really nothing else to say at this point, but, it is interesting how the only upside has been driven by FED action and the rallies are not that strong even with all the intervention.