SPX has broken out of the triangle to the upside and has moved above the 100 day moving average. It has been jumping up and down between the 100 day and 200 day moving average since 22 March, so this movement is quite significant. However, I would look for an ABC correction coinciding with a retest of the top of the triangle in the next couple of sessions before jumping in. It may also ensure that the 100 day moving average is a support rather than a resistance.
