We opened today @ 912.00 from our close yesterday at 907.25. Ofter open we hit our intraday high of 913.50 by 9:33. From that point the bears took the morning. At 9:37 we started down, and down, and down, for an initial fall of almost 9 Points by 9:51. We did have some support to break though at the "mentally" important number of 900.00, taking about two hours to finally break and close below it. That being done, it was pretty much smooth sailing all the way to our low today of 894.00 around 1:00pm.
However after 1:00 the buyers decided to turn things around, with higher lows for about an hour and a half and a large break to the upside at 2:47. From there it was up to 912.25 with our close today coming in at 905.50. POC today was 909.75, while our intraday range was 19.5 points.
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