Stocks fell on Monday after American Express Co said the number of people struggling to make credit card payments grew, erasing earlier optimism that banks could return to profit in the downturn.The SP500 rallied low to high, 100+ points, since the March 6th low of 666.79. The index hit a high of 774.53 right near the 780 resistance levels before backing off and closing near the lows of the day. The NH_NL continues to stall below the 0 level and the market became short term overbought. It is no big surprise we were ready for some profit taking. The market needs to back and fill while it works off the short term overbought condition. In the intermediate term we have more room to rally but the most positive thing this market could do is rest and digests these recent gains without giving the last weeks move up. A pullback into the 720-730 levels need to hold and form a higher low.