We have a healthy tick today and a nice rebound back up near prior resistance at SPX 1,150. Although Monday was a strong day overseas, early indications this morning were much dicier. For some reason my Tradestation is taking forever to load, excuse the Yahoo! chart for the day. So was Friday another one-day wonder? Amazingly, the S&P has not registered a back-to-back instance of red bars since December 8th. [IBM Earnings Whispers]
