Before the Open (Mar 2)

Good morning. Happy Tuesday.
So much for a little pullback or some sideways movement to allow the breadth indicators to drop more. The market gapped up yesterday and closed with solid across-the-board gains. The Nas, S&P 500 and Russell 2000 had big up days that took out their previous swing highs. The Dow lagged.
Here are the daily charts. The Nas and Russell are into areas where many traders would love to get out even. They bought at the top and are thrilled about the action the last couple weeks. I maintain my 1120 and 1130 resistance levels for the S&P. The Dow is lagging – most likely because the banks are lagging.

Futures indicate a moderate gap up open. Hmmmm. So we got a solid up day yesterday and now a gap up today – I’m not sure I’d chase this.
Here’s the 60-min S&P. I hate it when the index gap through a resistance level. More after the open.

headlines at Yahoo Finance
today’s upgrades/downgrades
this week’s Earnings Reports
this week’s Economic Numbers