Almost a full four months into 2015 and the S&P 500 has yet to make a meaningful move to the upside. We currently reside at similar levels from the end of 2014. Imagine that. Four months of consolidation.
Prices have started to narrow and I think a big break higher is becoming more likely with each passing day.
One thing is for certain... the Dip Buyers remain on the ready to gobble up any dip this market gives. Today was no different.