Tuesday, October 28, 2014

Breakout Up!

A lazy 5 point range session until 11:00 time zone hit and the grind out of highs accelerated into the close.

It's game on for a test of the daily highs as they are just so close now.  What's going to stop it?

Inventory is extremely long now and intra-day action tomorrow could be susceptible to inventory adjustments.  But our bias is for more upside.

But it's fed day tomorrow so you never know.




No comments: