Trading today was brutally consolidated. Opening at 1102.25 prices traded quickly to the 1106.25 high, then back and forth to a low of 1099.50 shortly before close. Close came in at 1101.75 down 2 ticks from open, but up 6.5 points from yesterday's close. The gap was left open at 1095.25, while only trading a 6.5 point range.
On the upside prices may retest the 1116.00 levels of resistance, while on the downside we could be looking at a touch back down to 1085.oo levels if prices don't stay consolidated going into the weekend.
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