SPX had a solid two week run hitting our 4000 Target before showing a pullback. SNAP ER showed an early sign of possible Earnings outcomes for Social Media Stocks. There are still Dip Buyers in the Market so it is possible to see a continuation into 4100 depending on reports. Wednesday is a Heavy Binary Day with Bigger ER stocks and FOMC. For today I'd watch the price action and take smal quicker plays until Wednesday. If SPX can defend 3938 we can see a drop in the markets to 3900, 3880 next. I would wait for SPX to reclaim 4000 for calls.
