This was the break we were looking for. Now the price is set to converge towards 1352. 1352 will be where the market decides do we go up $100 or down $100.
The resistant trend we just ran into is long running and very strong. If we break it we will test the next trend and consolidate towards 1352 as well. I don't think we will break it and will look for a pull...
Looks as though we have found support. We could possibly see a little more downside, especially in DJI or NASDAQ.
I am not looking to make any trades until Wednesday and the techicals should have us line up for a break out in one direction.