However, 2014 wasn't exactly a grea trending year as the first calls for an end to grew louder. In short, we had quite a bit of despite an overall sentiment. One thing to note is that has consistently dropped ever since the start of this run.
The range I'm focusing on is 1128 on the lower end, and 1300 on the higher end. A breakout of this range would be a good signal for more trending. Personally, I favor shorts and think we'll head towards 1000 eventually...but as long as we are stuck in this range I'm not really after longer trend plays like that.
Oh, and there's a pattern that just popped up too ;)