October 3
For the past week, the range was somewhat narrow between 2132-2168. Breakouts were attempted at the 2170 level but failed. We’re still narrowly favoring a continuation of the bull run to the 2180 level and then possibly 2200. But the PA suggests it is very tentative for a bigger rally. For the week we will be watching the PA closely around the important 2150 level and looking for a possible break over 2170. Monday AM we have small PB developing for the open after the late day drop to the 2156-2158 level on Friday.
