web analytics

big

  • This is still a market seeking a catalyst, though bullish factors continue to accumulate. Look for a strong rally above the 2121-2124 level; do not fade a breakout that holds above that level.
  • After several days in a large consolidation area, there is a higher probability of a trend today. Do not expect a sharp, clean trend, but a strong morning rally could set the stage for continuation throughout the trading day.