today will be looking to see if 1996 can hold and if sow will be a buyer up to gap close of 2009 area and possible 2012.
dropping below 1996, i would then be a seller to 1989 and 1984
I do expect very little commitment in the market prior to FOMC statements
BTW, ppl talking about indicators now... Usually ppl preferring price action more talk about indicators lag.... If you think about price action, you also predict from the price movements that has already happened, so it is not laggin? /end of sarcasm....