Prices opened trading at 1143.00 Friday, up one point from Thursday's close of 1142.00. Prices peaked early in the day at 1144.00, then began a decent throughout the day. Prices traded to a low of 1127.50 before finding support and closed the week at 1132.00. The range was a welcome 16.5 points while the gap at 1142.00 was filled.
For Tuesday's trading we are looking for a possible check back to the 1140.00 area of resistance, then the 1147.00 area of resistance from there. On the low side prices could retest the 1127.50 level and with volume on it's side move to the 1125, and even the 1113.00 levels.
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