The S&P 500 continues to march higher with the index up 7 points at the open to 1969.

The 1970 level was the high on Oct 8 and is an interesting line of resistance. It was the a huge turnaround day and the best day on the index in six-months at the time. Of course, it was immediately followed by the risk rout.

I listened to an earnings call from CROX last night and executives were talking non-stop about FX weakness as a headwind through H1 2015.

SP 500 s

S&P 500 daily