The S&P 500 challenged again the 2900 level before encountering some selling pressure as measured by our buying/selling index. Options traders are again eager to play the upside of the market as they are buying calls. Breadth closed on a positive note but not really impressive as 2332 stocks advanced compared to 1562 that setlled down. Systematic models based on prices are, for the time being, churned by up and down days without any clear trend emerging.