Opened today at 1083.75, gap up of 3 points from Friday's close. gap was quickly filled dropping to 1079.75, a strong resistance line. Market turned at this resistance for an uptrend the rest of the day to close at 1092.75 a 13 point range. Pre-market today the longer term chart's MAs moved into a sweep position indicating agreement in buyers to move the market up. Next ceiling is at 1100, a very strong ceiling that was last hit February 3rd - buyers could not bring in enough volume to breach this last time. Floors reside at 1079.75 and 1075.50. Tomorrow is a huge news release day with 12 releases occurring pre-market. Expect a lot of volatility due to this - be careful.
Market Maker Edge Day Trading course
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