Set UP

Even though yesterdays rally carried some of the indexes (SPX) to new rally highs on pretty strong demand, it is worth noting that others did not follow to new highs, Transports, NAZ, RUT (small caps).....Gold continues weak, but only about $100 or so off its all time highs......market is overbought.

if this breakout is meaningful there SHOULD be strong follow through on high demand, otherwise this is a trap and we could see a 3-5% decline that is overdue.

Data due out at 8:30

D