The S&P refuses to break through and stay above the 1300 level – it is making for some great drama. And now you are seeing the smallest hint of selling (which probably has the bears spraying the champagne everywhere). Throughout history there have been some pretty significant sell-off that occurred on failures to break through these psychological barriers. But should this market retake the 1300 level, there are some solid plays worth taking a shot at.
Here are the 6 Breakout Setups to Be Watching.