9:00am (EST)

The bulls got off to another good start on Tuesday and pushed the market higher throughout the day while cracking resistance in the process.  That was the easy part.  The hard part would be holding the gains in the final hour. 

Like we witnessed on Monday, the bears woke-up late and defended resistance by the close which left us in limbo as we continue to wait for clear signs on if the recent rally is sustainable or if the bears are sandbagging and setting a trap.

*******************************

If you are not a subscriber but would like to read more please click here.  We are one of the fastest growing stock options trading advisors on the internet and offer 2-3 powerful call or put option trades each week (depending on market conditions) aimed at triple-digit returns for our Daily newsletter.  Our Weekly Wrap Covered Call Portfolio strides for double-digit returns on a monthly basis.  Together, we are 112-31 for 2012.