SPY back to 200 SMA, MACD kiss, RSI up, resistance 127.60, 128.80, support 125.80 then 124.55 and 123.50..

Strong:

JNPR (watch 24, s 23), JEC (s 38.25), BYD (7 b/out), APOL (47.50, s 47), CMA (26.10, s 25.65), MON (watch 73.35, s 72), PSA (s 124.60), AWK (continuation), SGI (s 14.95), BVN (s 44).

spec longs: AVL/SHZ continuation, DMND (climactic)

Weak:

MAKO, FSLR, ROVI, REGN, ATHN, TESO, WMS/LXU (earnings)

Economic Calendar:

NFIB Small Business Optimism Index
7:30 AM ET

ICSC-Goldman Store Sales
7:45 AM ET

Redbook
8:55 AM ET

Room Alerts/Watchlist:

CSCO long .50
SGI long .25
DMND long 1.00
FSLR short 3.00
BBBY long 1.00
ESRX long 1.00