Wednesday

Here's my guess for this morning; we have a downtrendline break around 75, YesterCenter is at 73, today's center is at 71.5, so I'm expecting support around here....at the open, anyway. A true downtrendline break won't be verified until the recent swing high at 85 is surpassed. 78-80 might be it, tho, to the upside.The odds for a gap fill are very good, but that would bring us back under the downtrendline.....so what I'm thinking is there will be a run for the 85 area to test that high, and price won't go for it, turn around and fill the gap, with a potential of testing YesterLow...and the downtrendline will shift higher to 85. Should this not pan out ...89ish is where the market lost it's cookies and sold off hard on the 18th...Bulls on crack can propell things to 98. If we sell hard at open to fill the gap, I'm guessing 55's a good target.