Wednesday, March 10, 2010

More chop another test of the highs...

Did we finally get enough selling at the top to discourage the bulls and get some pullback tomorrow? I'm not going to add much to the charts here. The market has yet to show any weakness that would encourage aggressive short selling. We have the hourly 34 SMA moving up to 1136. Key support remains at 1127 and 1115/1116. When these fall, then it will be time to start putting on some serious short positions.
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