In an earlier post:
...suggest some sort of retracement from the recent sell off , which so far has managed to hold the bottom trend line. At the close it appears to have setup a move to 838. But then things start to get a little tricky.
S&P closed at 838.51. Short term momo was overbought. Consumer Discretionary and Transports lead the market higher. A "little" help out of the XLE and blood in the XLF. Consumer? Right... Keeping a close eye on the Nasdaq, seeing if it's going to rollover.
