technical analysis

If the pattern breaks, you should know by midday Tuesday.
Lower oil prices could be on the horizon.
The Dow and the S&P 500 look set to go higher. 
However, buyers have to respect the current price channel.
Buyers will still be testing the waters.
There are two important reasons to watch 1972 on the S&P 500.
If a rally resumes, the potential target is $252.
Either shorten your timeframe, or take a back seat.
Let's see how it reacts to good news today.
Trading your timeframe; plus thoughts on BABA, FEYE and more.

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