You know that was a market maker initiated rally. Everyone was scrambling looking for the news. Well I have news for them, daytraders don't care if there is news, it's all about volume and momentum. Anyways, there are a ton of stop-loss sell orders at the 109.25 SPY for broader markets. I know you swing trade so I thought I would pass that info along.
Yes, looking at my proprietary screen which gives me selling pressure, you should see the current selling pressure on the QQQQs, SPY, and DIA. LOL!!! Man, this may turn out to be a good week after all!