Consider that the 20-day moving average, currently 4,901, has marked a 2016 inflection point. The index hasn't closed lower since Feb. 16.
This is followed by the 200-day moving average, currently 4,850, and more important support matching the 2014 peak of 4,815. (The April low rests at 4,809.) Looking elsewhere, the Dow industrials' wider view remains stronger."
And the Ouija Board says......what a bunch of nonsense.....