For the second day I a row, stocks close weak. Near the low point of the day. For technicians, this implies that the next day, will also open weak. And although we missed that this morning, stocks actually opened higher, nonetheless we'll have to see how tomorrow performs.

And what a day Wednesday is shaping up to be. It is the unofficial opening of earnings season. With the nation's largest bank, JP Morgan Chase beginning the festivities when they release their own results before markets open. This should give us a rousing start,and hopefully begin a very positive day.