Monday, October 25, 2010

Monday, Home Sales at 10:00



With the 15 min rolling over, and the 60 appearing to do the same, I'm looking for a short off 18.5 or a test of the overnight high. The way it's looking, we may not get over 16.25, so that's a possibility. Downside I'm looking at 98. I'm expecting buyers around 12 or 03 for a gap fill. Sky's the limit beyond overnight highs. News at 10 should have some impact.

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