Thursday, September 8, 2011

Narrow Range Day 09/08/11

In the morning session, the market again did not close below the 0930 ET open. However, it found resistance just above yesterday's high. As Bernanke started to talk in the afternoon, the market traded down to S1. Since today is the most Narrow Range of the past 7 days, pay attention to the direction of the breakout of this range.


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