When in doubt? Buy more!!! Thats how this has worked year. Whether its a 4 handle sell off or a 14 handle sell off...
They call that "back and fill" until they spill.
SPH high 1510.80
SPH low 1499.20
SPH last 1506.00 , +12.6 handes
Total volume: 1.65mil ESH and 3k SPH trade in the pit
MOC : 21 of the DOW 30 to buy (small) and MOC buy $25mil
Tomorrow: MBA Purchase Apps. Treasury Budget, 3ry ad a 5 yr not auction and a 30 YEAR BOND announcement
The S&P made a new high but there was just not enough buying left for late in the day to hold the ESH up on the highs.