Underlying Demand

I think that was it for the pullback from the 1118 high.  We pulled back about 33 points, which is shallower than the pullback from the 1095 high to the 1051 low of last week, which was 44 points.  There is an underlying bid forming despite the sentiment not being too bullish. 

I think we go higher before we go back down.  I also expect a gap up for Monday.