slowly building bases, but likely to pull back to expected range

currently we're outside the expected range for spx. so i suspect after fridays round of dividend dates we're likely to fall back into the expected 1 stand deviation. no need to worry. we've hit a technical milestone. the 50 ma has crossed above the 200ma. todays news out of the energy sector should make longs feel extremely comfortable with the melt up we're likely to see from here.