Our friends over at The Chart Store, who do excellent work as exemplified in the following chart,  ask it:

Does the S&P have enough energy to hurdle the down trend line after a 24% run from the October bottom?

We we’re looking for a correction down to 1277, but after a couple times of trying to crack the glass ceiling at 1333,  it looks like the index is  back in 1300-1333 short-term trading range.

(click here if chart is not observable)