Programming Note: I will be on family vacation the next two weeks and Art’s Charts will return on Monday, April 16th. Chinese stocks are under pressure again this morning, but US stock futures are holding fairly firm – so far. Perhaps US stocks look good relative to parts of Asia and Europe. On the 60-minute chart, the S&P 500 ETF (SPY) declined to the 140 area and firmed on Wednesday. This area marks Monday’s gap and the flag breakout, which combine for a support zone. Filling the gap-surge is negative, but stocks surged in the final hour and SPY closed near 140.50. I am now re-setting first support at 139.50 and maintaining key support at 138.50. RSI remains in bull mode as it holds above the 40-50 support zone.