S&P 500 Analysis for 4/15/2010

The S&P continue it's way higher, breaking new resistance levels along the way, which then become support, posting a new high of 1213.92 today.
Obviously the smart thing to do, is to keep trading what the tape is offering us, instead of questioning it.
The market is quickly approaching 1230, which is the 61.8% Fibonacci retracement level of the 2007 high's, that will offer some serious resistance, and it seems that there is where the market is heading.
Tomorrow is options expiration and some volatility should be expected.