Tuesday, May 21, 2013

May 21, 2013 Market Actions

Today the market opened up just at support and
after a small attempt to go up the market came
down and pierced through the support area. The market
moved pretty much sidways under the support area
before breaking it to the upside. With the hold
over the support area the market mades its way up to
to the resistance area 1673.00. A slight pullback and
a test of that area failed and the market pulled back
into the close.

Againt the market is respecting the s/r lines fairly
well and with the right knowledge and setups you
can take advantage of the opportunity the exists to make
profits.


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