Wednesday

Asia is happy, Europe was happier, and the Naz is unhappy. Tail wagging the dog for the Far East again on yesterdays gains here? I don't know, it don't matter, we are rolling over from the highs again. I'm going to guess the opening range to be around 12-18.5, with a possible bust to the upside to test Yesterhigh..with 22 in the way...pretty solid resistance up there at 24.75. If 12 fails, it should be down to 5 or 6; 2000 Yestercenter would be next. 2002 is an 80% trade to the downside; 2036 is an 80% trade to the upside. What this means is this is the avg number of points price has moved up or down in the last 13 days, 80% of the time.

So at open...I'm thinking price behavior at 12.....18-22 is key.