It is important to watch distribution days on the Major Indexes, and the general price and volume action to help determine the more immediate health of the market.

The major averages continued their upward trajectory this past week, rallying ahead of and after the release of the bank stress test results and a better than expected employment report.

Using historical charts as a guide for future price direction can be a good way of understanding where we may be headed next.

The major indices ended the week mixed following volatile trading that was dominated by earnings reports and news regarding the government's "stress-test" on financial institutions.

Here's a recap of Monday's action.

A quick look at what we can expect from the week ahead.

In highly volatile, news-driven markets it can be challenging to know the right time to re-invest. Deciphering the huge amount of economic data, interpreting the news media, and the evaluating opinions from talking heads on TV can often be daunting.

A New Bull or a Bear Market Rally?