Trading opened today at 1079.50, up 4.75 points from yesterday's close. We traded up this morning to a high of 1088.50 by about 10:15am market time, we consolidated here for about an hour, getting a new direction by about 11:15am market time when we turned and headed down 27.25 points to test the support of the 1060 area hitting a low at 1061.25 around 3:30 market time. From there prices moved back up 3 points to close the day at 1064.25.
For Tuesday on the upside we could see a retest to the 1078 area with an extreme high around 1085.75, while a push down though the support at the 1061 area could see prices move down to the 1047.25 area of support with an extreme low of 1040.00. Guess we'll have to find out for ourselves. See you at the starting line!
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