The market had a nice pull back this past week as the Dow went down 250 points and the SPYs $3.50. There are a lot of micro bear flags developing in many stocks and it seems like we should go lower for now. The market is opening higher, pulled up by the financial sector with news that Buffett will be adding to his position in WFC and the BAC upgrade. Traders will look for a quick fade off the open and if we fail the momentum could take over to the downside. There are very few buy setups right now. Technology stocks have had nice pull in but still might need more time before they see higher prices. Major resistance in the S&Ps is 895-897 and then 906-906, while major support is 875-870 and then 855. The sectors we are focusing on today are Financials, Technology, Casinos, Agricultural stocks. Friday's Winners: HIG, PRU, WFC, AMED, GLD

See how T3 is trading the open at