reviewing my dow and spx charts last night, i noted that both indices busted out of the boll. bands - which leads me to suspect that a reversal tonight is a possibility. however, housing data is due out on wednesday and friday (existing and new homes - don't remember the order at the moment) and initial claims out on thursday - i'm guessing if tuesday is a high, the balance of the week may be a low. will c.
i'm out for most of the day....so i wish safe trading to all.
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