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S&P 500 Index Rises On Light Volume. Watch This Resistance Level.

|Includes: SPDR S&P 500 Trust ETF (SPY)

 The SPDR S&P 500 Trust(NYSE:SPY) has rallied higher from a gap lower open. The trading volume is expected to be very light today as the market usually has a holiday hangover during the week between Christmas and the New Years holiday. There is also a major snow storm on the east coast of the United States which could curb traders from getting to their office. The SPY should have short term intra-day resistance around the $125.55 area.