The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage.NEW YORK ( TheStreet) -- One month ago we provided our list of the 10 indicators to watch that seemed to precede the stock market declines in 2010 and 2011 and may warn of another spring slide. In both 2010 and 2011 an early run-up in the stock market, similar to this year's, pushed stocks up about 10% for the year by mid-April.
Chart 1: Economic Surprises and Market Performance
Citigroup Economic Surprise Index and S&P 500 Less 10-Year Treasury 3-Month Total Return
Chart 2: Consumer Confidence
Rasmussen Daily Consumer Confidence Index