Spy back to body of break out candle, support at 124.55 then 123.50, resistance 125.80 and 127.60.  Sideways day until late selling arrived.

Strong:

Oll (daily buy, s 40.70/40), CELG (s64.20/63), NTAP (s 40), NXPI (s 17.30/17), NTES (s 46/45), BBY (s 26/25.50), ALL (earnings), GNOM (spec over 6).

Weak:

ESI (watch 62, r 63/64.20), ANR (watch 24), CPHD, ANV (38), NFX (40), PAAS, OSG, APKT.

Economic Calendar:

FOMC Meeting Begins

Motor Vehicle Sales

ICSC-Goldman Store Sales
7:45 AM ET

Redbook
8:55 AM ET

ISM Mfg Index
10:00 AM ET

Construction Spending
10:00 AM ET

Monday's Analyst Room Alerts/Watchlist:

CELG long .50
SHAW long .50
CB down $1.60
AG down $1.10
NFX down $1.75


Element Trading
Charles Vaccaro