So basically we are chopping around the low’s. Above is a chart of the mini dow that shows somoe levels I am watching. Notice up around the 12785 area. We have botht the opening price and very close under that the 61.8 retracement of the early push down. I would not consider any bullish thinking unless I saw intrest above this area. Let’s just say intrest above 12785. I dont mean just a break above but actually see some larger timeframe buying in the area. For now my only position on is long the QID ETF in which I have sold a piece and now have a free position on. Let see if we get a drop before lunchtime.
