After failing to hold above the 2946-ish Daily 50 SMA mark yet again I am cautious here. Not thinking huge selloff until it breaks the 200 SMA around 2805-ish though. Will it hold and make a higher low possibly indicating a contracting range ?? Remains to be seen. Careful at least to the point that on the surface we might be in a range from about 140 – 120 pts at the moment. Plenty of room to make money but no real strong direction right now
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