Wednesday, January 5, 2011

1249 would be trouble.

I don't expect that area on the Spx Wednesday.
Mondays thrust was bullish, yes. Had Tuesday had some following up and pulled back that would have been bearish.
The way I see the price bars, Tuesday was an inside day and bullish enough after a lower open to at least challenge the Monday high.
Like to think the high of week will come Friday am. point 8.
Jerry

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