THE POST CLOSE

Markets closed near the morning highs and are screaming higher in the after market as INTC finally comes through for the bulls. The NQ futures +23 and ES +7 as I type.

SPX 1325 was again the key turn around area- just like yesterday- and with the good INTC news and the over sold market conditions, a decent rally could build from this point- SPX 1360 as a start and maybe longer term back to the 1390 resistance area.