Morning Thoughts on September 24, 2010

Joe PalauGeneral CommentsLeave a Comment

Good morning traders. Futures strong premarket has us opening just off of yesterday’s highs. The price action around 1132 will be a big clue as to what to expect for the remainder of the day. If the market is able to hold above this level and consolidate A possible trend day to 1140 could be very possible. This is a very strong market, don’t fight the tape.

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Key levels are:

1117

1134.5

1150

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