Monday, February 22, 2010

Still no reversal confirmation


Well, today was yet another range consolidation day: 7 points. The only bright spot on the bearish side is the move down in the last 30 minutes to challenge the low of the day; however, there doesn't seem to be much follow through during AH.

So I'll leave you with the updated chart, since there isn't much else to report.

Key resistance: 1112, 1127
Key support: 1100, 1082
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