Breakouts: DPS >39.00, HON >46.00, NTAP >38.75, COST (IDB R= 69.70 S= 68.70), TWC >68.30, SNDK >44.00, JPM <30.70, C<24.50
Shorts: KLAC (42.00), JCP (29.00)
Notes:
Strong sectors still leading during up days and defensive sectors lead during down days with the financials still weak.
The levels I will be watching in the SPY are 115.00 and 117.00 as support and resistance. Should the market penetrate and of those two levels then I expect to see continuation.
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