Sunday, August 15, 2010

Not much to say...

Friday's price action didn't do much to lean the market for Monday's open. I'm looking for price to confirm the count this week even with options expiration coming up on Friday.

Key area for the Bulls: 1096. If price can get to 1102, then the Bears should be toast.

Key area for the Bears: 1060. If price can get to 1055, then the Bulls should be toast.

I'm expecting the high / low for the week to be Monday. I will, of course, be rooting for the Bears!
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