S&P Intraday Chart Analysis
Very bulish chart no doubt, but what you will want to pay close attention to today, is whether the slight weakness we are seeing, jeopardizes the existing trend-line, because if it breaks, it could create a snowball effect, where the market starts seeing heavier selling come creeping into the pictures - which is a strong possibility considering how light the volume has been of late to the upside and how steep the trend-line actually is, which as you all well know, makes me doubt the legitimacy of this recent move off of the 1/28 sell-off. So keep an eye on this chart for gauging the intra-day health of this market. Currently support rests at 1320.
Here's the S&P Intraday-Chart.