Tripped Up

It seems the bear theory may have hit a stumbling block...to say the least. Bulls came out in full force yesterday, at least that what it looked like, and buried the bears. I was looking for the market to reject these higher prices and fall back into a range nearer to 1800, but that was not to be so we have to readjust to what may be a slow next couple of days...
The overnights pretty quiet save the Nikkei, up 300 points, with the Euros in a tight range mostly to the green. Oil down another smidgen near $64.50 with bonds and gold ticking higher...
Our futures have just flipped red...mortgage applications fell 3.2% for the week with the ADP jobs report (another questionable number) about to hit the wires here...10 a.m. factory orders and ISM non-manufacturing survey are the economic numbers to look for as they will "factor" into today's bias...back with some ideas...jfg.