The markets are moving higher today on the back of good economic data from China. The markets look to China mainly because they are the only country big enough to help the world out of its funk. As the markets rally today, the $133.30 level on the SPY remains key. As long as there is no close above that level, downside continues to be likely. Financial stocks are nearing major resistance areas. This can be seen on Goldman Sachs and is covered in this video. In addition, Amazon.com is falling but having almost no effect on the technology sector. Less