Today was a strong day until the close.  We came close to the 130.15 resistance level from a couple of days back which happen to coincide with r2 on the floor trader pivots.  A bounce is a bounce, but so far it isn’t very convincing.  These relief bounces may easily continue for a few days but one have to be nimble to lock in those profits.  At this point, it may also be prudent to consider a short list on any further push higher, or to be prepared for a break under yesterday’s lows.