Wednesday, November 6, 2013

Shocker : )

Shocker that they gapped it up and then gunned it to the all time highs, just a tick or two shy, mind you.  The crew here never expected that, did we?  lol

But those visual highs were rejected with a swift move lower into the gap, and then the per-usual 8:00 LOD reversal and creeper grinder higher for the rest of the day.

Oh, those bull market programs!

Today's failure at highs does cast some suspicion as to whether or not the buyers are going to show themselves tomorrow.  A plunge back into the 9 day range would not surprise.  Nor would the buyers stepping back in to take it back above the highs.

UE report on Friday could just make for a range bound session tomorrow.





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