S&P 500 - Triple Screen 'Technical Analysis' - Bull's get their Continuum - Week 2 of March 2014.

S&P 500 - End of  Month Chart (EOM) - Channel analyzing Data from mid 2009, onward - as on 07 Mar'14

S&P 500 - End of  Week Chart (EOW) - Channel analyzing Data from Aug'2011 onward - as on 07 Mar'14

S&P 500 - End of  Day Chart (EOD) -  Channel analyzing Data from Oct'2013, onward - as on 07 Mar'14

Learning from last Week:  (click here for the previous post)

Patterns:

• Bulls made a weekly 'Opening White Marubozu' near the ATH and got a continuum with a green week (see last two candles on the EOW) #W1. 

Support & Resistance:

• Bulls keep it above the 5 EMA on all charts and reach the Week Channel Top #W1.

Moving Averages:  

• On the Day Chart, the 5 EMA and 13 SMA deflect #D1. 

Indicators:

• RSI 13, continues to meander in the 60s #W2 while the Oscillator on the long term chart peeps into the over-bought zone #M1

Wrap:

Bulls control all Time Frames. Bears defend the Week Channel top #W1 

Looking forward into this Week:

Patterns:

• The 'Deliberation Candle Pattern' (Study link here, here or elsewhere) needs consideration #M1. 
• Weekly 'Opening White Marubozu' (Study link here, here or elsewhere) is active #W1. 

Support & Resistance:

• MVWAP 34 on the Day Chart #D1, is now support for the Bulls, while the Week Channek Top #W1 is resistance.

Moving Averages:

• Bears need to get the index below the 13 SMA (1828) #W1 to get back into the game - Bulls seek  continuum to a new ATH #M1.

Indicators:

• Stochastic 34 3 4, staying in the over-bought zone, works for the Bulls #D2.  

Wrap:

Bears hope to defend the Week Channel top - Bulls want the momentum, to continue making new ATHs.