I still think we will be in a range in the DOW for awhile with the upside limited in the 12800-13000 area and on the lower side 11600-11800 area. What my senses and technicals tell me is that we should bounce from here. I would more than likely like to see this scenario as it would set up some better reward shorts on a push up to resistance. Currently making a list of stock which I believe will be great contenders on the next push to resistance as short candidates.
For now look for resistance on the S&P at 1408 then 1429.
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