Posted 9:30 AM ET - The Market has been strong since the FOMC statement in March. It has rallied above the major moving averages and it has been able to hold those levels. Last week we saw a round of profit taking that ended very quickly and that is a Bullish sign. The SPY formed a bullish hammer above the 200-day MA and it rallied back above the 100-day MA yesterday. A bullish flag formation on a daily chart will be confirmed if the SPY closes above $458.80. The domestic economic data has been good. Today we will get ISM services …