Which way will it go? The S&Ps have inched higher since April 2nd, in what looks like a continuation of the W shaped pattern. Danielle discusses overhead resistance zones, as well as the major squeezes setting up in the S&Ps and Dow, and looks at the varying S&P sectors looking for strength. She focuses on current open positions in the trading room, as well as several new ideas surrounding the run into earnings on several XLI and defense components. Additionally, she discusses a few longer term ideas for May earnings runs.

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