The story here is do we see 850 first or 750. We are narrowly in a range and I think these are the two numbers in place. I think the most important number is 770 for the bulls to hold and the bears to keep the bulls below 824, but either way we are trapped right now in a range.
If and I say if I were a betting man I would be betting we sell off on that mark to market news and head to that 750 level but again I am not a betting man. I rather sit by the sidelines and see what happens as there is too much indecisive action as of late.
Which there was more to say but sometimes that's all the market has "NOTHING"
MARKETJEDI
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