Well the market took us right up to resistance of 13200-13250 in the DOW, and 1458-1466 in S & P. My trade this morning is still in the money by .07 cents. The odds of this being stopped out right now is 50/50, but I am going to let it ride, I think we should have I minor correction tomorrow morning, before they make an attempt to break through this resistance area. If we do break through the next area of resistance is 13500 -13600 DOW, 1480 - 1485 S&P which should take us till the middle of next week. Going long at this point is will be difficult with the main trend is down and down hard for the foreseeable future.
Short term - to close to call
Medium Term - Down
Long Term - Down
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