Chop Chop

S&Ps are trading at 1104 in what has been a choppy consolidation trade. If we get above 1105, it would increase the odds for a run to 1110.50. As long as we stay above 1100, the market has a bullish tone.

Nasdaq is trading at 1471 after the market found support at 1468 to 1465. On the upside, we have resistance around the 1490 area.