Sunday, February 13, 2011

Broke 2000 High But not Confirmed

We broke the 2000 highs on Friday but I always like another day to confirm the break. Vol is still low the Fed still playing the QE2 game so I am still kinda neutral here to see what Monday brings at a close to see where we go from here.
Base on this longer dated daily chart and Fridays break is confirmed on Monday then the next resistance will be 135.91

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