The Range Continues

The markets are finally open after Hurricane Sandy shut down the exchange for a few days. Taking a look at the charts, the range continues on S&P 500 as we come back from Hurricane Sandy. This 20 point range is holding, and the dancing around seems to be continuing so far.

I do suspect we are going to see some green today but. Maybe even nice healthy green.

The hourly chart is still suggesting a bit of upwards momentum is due, even though we have had a whole week or so of nothing.

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