Extremely Tight

The 1060 level has held through the bad news of last weeks expiration and we are seeing a nice bounce up at 1075 as of this writing. The daily CCT registered +7 instances of buy programs yesterday as the daily stands at +163 for the short term. We should have more clarity as to where this market is heading after today as institutions make their moves after expiration. Technically we have strong resistance from the 1080 level on up to 1100.