Technicals:1405!!

This morning we spoke about the 1405 number on the S&P as an important number for us to watch. at the close we are where?? BINGO 1405. We broke higher out of the 1405 earlier on but we could not muster up the all important volume and I had been watching if we would fall back at that number or even below it at the close but once again the gamers closed us @ 1405. Where does that put us? Well in stalmate and the closing of Europe today will be used as the disguise for the gamers but here is what to watch. 1) volume : if we break tomorrow above today's highs above monday's volume then we have an upward bias, please note it must be Monday's volume and not today, that's the trick here. 2) we watch for what looks like a bearish head and shoulder formation happening on the russell. These are my two important signals for the rest of the week. We will see soon enough!!!!