What appears on the 10 and 60 min charts that the SPY has made a higher low and may cont., retest the $120 - $121 level negating the bear flag pole for now. SPY $118.25 would been a big test for the markets. GS drop to the low of Fri of 155 and climbed to higher ground in front of its earnings tomorrow. School yard rules for Govt vs GS., Fin reform . . .
No much in terms of EcoNews, so back the the USD/PPT moving the markets . . . We believe the earnings bar has been set pretty high and only time will tell.
