Sorry, I am not on my work computer so I wont be posting any pictures here so youll just have to follow along on your own charts. Of the three major indexes, the Dow looks the weakest as it closed sitting right on its Support line. This support was penetrated earlier in the day, but prices rose just enough to get the price just above this line. Both the S&P500 and the NASDAQ are sitting on diagonal support. I anticipate these levels holding (perhaps out of hope) but until i see prices close below support, then i will maintain that these levels will hold. For the next couple days i am neutral to slightly bullish in the markets.
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