The S&P 500 touched intraday 2900 before rebounding towards the close, this signals that buyers are active on support and round numbers. The correction/consolidation develops itself, for the time being, on a smooth manner. Decliners outpaced advancing stocks by a slight margin: 1548 stocks finished up compared to 2202 that setlled down. Daily sentiment indicators stand at a neutral level whereas the weekly investment survey among professional portfolio managers points out to a high level of confidence, some skepticism would be welcome from this category of investors.