The Battle between Bulls and Bears is on with two trends coming to a head. See my First chart of the near term uptrend from the double bottom in Jan/Feb versus the slightly longer term down trend that started in Aug 2015.

Given where are are on the chart, my expectations are that we should know very soon which way price will break. Either we break through my Red downtrend out of the top and start getting an impulse move higher or the “cookie begins to crumble.”

First my “Battle of 2 Trends” Chart and some recent posts:

Screenshot 2016-04-15 10.38.02

https://goldtadise.com/?p=366880

https://goldtadise.com/?p=366441

The Northman Trader also came out with a very interesting post this weekend that is well worth the read, IMO.

https://northmantrader.com/2016/04/16/the-big-move/

Lastly, the Bollinger Bands are very tight here on the SPX and other indicies signaling to me that a Big Move is coming. Lets look at my BBand Chart for some clues:

Screenshot 2016-04-16 10.12.59