What a move in these closing minutes... all the way back up to resistance, once support near 1120!  35 S&P points in the last 45 minutes?  That's a 3% move! Nice work PPT.

EDIT - we went through 1120, now at 1123... wow.

EDIT 4:08 PM - ok it appears a rumor the 18,275th European rescue plan was the cause.

....following a report that EU finance ministers are examining possible ways to recapitalize banks