And I mentioned that unless we broke above 950 or below 920, this market would be in this range today's high was 946.33 and low 926.44.. I didn't think the market would test that range all in one day but that market does what you don't think it will. The market has basically done nothing since June 2nd, so you have to respect the trend which is bullish.Resistance- 943-950 within this level there is the 200EMA, January Highs, June highs and the psychological level of 950
Support- 935-930 50EMA on the hourly chart, May High.
920- 200MA, support from the break out above this former
NYMO is showing an interesting divergence. It has been trending down while the market has been trending up, indicating some divergence.
The dip in the morning provided a good opportunity to get long some stocks, I went long:
URI
URI
DRYS
