SPX 60-minute is showing a bullish pennant that targets about 1295 SPX if it breaks up: <A HREF="http://stockcharts.com/h-sc/ui?s=$SPX&p=60&b=5&g=0&id=p19733596732" target="_blank">http://stockcharts.com/h-sc/ui?s=$SPX&p=60&b=5&g=0&id=p19733596732</A> I anticipate that coinciding with 1634 NDX and a re-trace back down from that area towards today's lows. We'll see.