S&P's slow-motion uptrend meets major resistance
April 13, 2010 at 12:26 PM EDT
After breaking all kinds of records during the market crash, the U.S. markets are repairing the damage in the completely opposite fashion. Namely, with a stubborn, slow-motion uptrend. Against this backdrop, the S&P 500 Index has risen to major resistance -- and this week's earnings reports will likely where share prices go from here.