And through next week it remains bullish. If you watched my youtube videos(you still can for historical reference on my bullish call) I confidently believe the bulls are driving the markets higher and will continue to. Fundamentally speaking, the economy is nearing that perceived recession however the big buyers clearly want to test that by driving the market higher. Well, they are succeeding. That home sales report gave buyers even more confidence that we aren't in as bad of shape as we thought. Techincally speaking, weak volume until after 12:00 pm when things started picking up by the bulls. I would have been long with a stop a few points below last support and would have had a profit target around 360. 13400 was clearly the new resistance for buyers.