Monday, August 2, 2010

Current Action

We got an upsurge to 1115.50 just before market open, but have traded back down. Watch now, if we break below 1110 which we are threatening to do right now, we have to lean toward the possibility of filling the gap. So far after the opening bell, the market has not shown a lot a lot of buying interest. Lets see if 1110 holds up... There is high density volume between 1113.25 and 1114. If we move above 1114, we should see a continuation higher...

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