DJIA - -0.69%
SP500 - -0.52%
NASDAQ - -0.30%
Keep a watch on the New Home Sales data coming out tomorrow which could potentially decide the direction of the market.
The SP500 is still holding above two key resistance levels as we possibly move into a tight consolidation zone. There is strong resistance at the 1410 level which can be broken if we have strong data tomorrow.
WATCH LIST FOR TOMORROW
GNOM - looking for it to break above the triangle
SMP - long setup
ARRY - gap fill watch
QLTY - this thing is almost overbought but can possibly fill the gap
Keep an eye out for the two stocks I mentioned yesterday just because they might still be in play : STEC, SPA
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