Monday's Game Plan

On Friday, the SPY cleared its key resistance level at 132.64 on news that Egypts president had stepped down. I am curious to see whether this level holds or not, if we open higher I will be waiting for price to accept above that level and if we open back inside the range, I will use the range extremes as reference points.The strongest sector on Friday was the financials followed by the retail sector. The weakest was commodities, oil and gold. Oil still remains in play as it didnt sell off on friday, it just demonstrated slight weakness. Premarket, the dollar is rallying which could indicate a lower opening today in the SPY.

Longs:

JDSU
WFC
JPM
USB
KLAC
TJX
ALTR
DD
JNPR
HAL

Breakouts:

UAL> 27.50
AXP>46.75
AU<44.35
EBAY
BBY<33.40
TRV>ID

Shorts:

PCAR
CSCO