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Consolidation
Today was a narrow range day as expected. We thought the natural box was from 55 to 52 support, and 48 the coonservative support. The 67 gap fill was our potential upside target, with 68 chosen as day’s resistance. The disappointing range was a bit frustrating...Protected: Consolidation Day
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Chop Suey
Chop Suey, chopped salad, chop Liver: However you wish to describe today’s non-action, it was nasty inside day range type trading. Zeek reminded us pre-market it was Morning After Trend Day, and that suggested hit a bounce and try for the half gap and gap....Emini wizard (“E”)
Dennis Parmelee
