The day started with General Chaos calling the market to attention with a .5% early decline. The "As You Were" command was given soon thereafter and stocks enjoyed a strong rally to close at session highs.
Support was well respected as prices broke through short term resistance.
Earnings season picks up this week and into the end of January. Tomorrow we have earnings reports that include $NFLX, $CREE, and $IBM. I think each will offer an opportunity to profit from a sharp move post earnings.