Monday, March 8, 2010

Today was a real sleeper...



Yes, it was a challenge to keep my eyes open during today's S&P day session's incredible 4.5 pt range that pretty much ended where it began. The momentum indicators appear to have rolled over on the hourly chart, so that could mean a test of 1127 coming up tomorrow. But all that could change with a solid 60 min up bar with some follow through, so I'll just see how price reacts to that level should we get there tomorrow.
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