– Markets are still moving up on Dailies
– Monday close if down into Friday closing level is a BUY or generally dips into or about Friday’s price range are a BUY for this week. 1183 negates this analysis.
– Momentum high occurs on 4/14/10. Potential intra-week maxima is 1223+
– Being OEX, 4/15-16 may or may not SU after 4/14 momentum high but if we do reach 1220+ – it would be 61.8% retrace of 2007-2009 Bear at 1227~ and could prove to be a decent resistance for a few days at least
– This high may hold the market into the next Daily Low CIT of 4/19/10