Testimony from the Bernanke has price off its highs, but you can see how strong that rising 5-day moving average support was for the SPY. This was especially so as it coincided with the daily QQQ pivot. It will be more interesting to see what happens at VWAP.

Meanwhile, of course we have Apple up on the day with a market cap larger than the nation of Poland and the rest of the entire retail/semi complexes, respectively.