MrTopStep's Danny Riley talks about the ESH GLOBEX low at 1198.75 being just above Mondays low at 1196.50 and that todays high was 1226.75 , up nearly 30 handles from Mondays low. Riley talks about how the S&P was off to a good start but got a further push on the upside when the Housing Starts numbers came in 9.3 higher. br br Riley points out that the 100 day moving average that comes in at 1203.02 today was penitrated yesterday and that the markets are now holding well above. Riley also talks about the 200 day moving average at 1245.07 and that the SPH and the ESH are right in the middle.br br Lastly, Riley talks about how the two weeks ago everyone got long into the rally thinking the year end rally had begun and now that the markets have sold off he says the crowd is now short into the decline. Riley says... "they washed the sell stops on down side and now they are going for the upside stops" br br **Filmed on the trading floor at the CME Group. Produced by MrTopStep Productions.