Friday, October 29, 2010

Friday



Gotta give it to the bulls for an upside push right off the bat with a likely test of 30 and perhaps new highs...opening flat though is cause for concern and could leave to some chop at open. Remember yesterday the opening failure at 32 led to a grand selloff, so price action in that area will be key. The histograms haven't come from a "deep" place below the zero line, which tells me there's not a lot of oooomph.

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