A mere mention that talks may resume in October set off the SP futures and what follows would be a gap up when the S&P opens later. Recall that 2 sessions earlier, I flagged that the selling in the S&P showed signs of buyers absorbing.... we would need to see volume backing this break higher above the 2950 - so lets see if the price rally may sustain.
Personally, I do not see Oct talks resolving any issues so from a macro perspective, I am wary about participating in this rally.... If I am already long, I would put a trailing stop to protect profits but if I am not in the market, I would stay out. That said, my bias tonight would be long but would book quick profits. I suspect that the stocks that I intend to day trade would gap up and therefore there may not be ideal entry points.