Expect a consolidation off a test of 2611 or 2619. We could have one of those gap up openings tomorrow. Hope springs eternal. Today was an inside day on higher volume building cause. In other words, they held prices up for as long as they could, as high as they could. At points there was strong selling pressure, but not as strong as that (GMTFO) huge selling pressure in the last 20 minutes yesterday... I read a lot of weakness there... especially since we were not able to get back up to those prices on higher volume today. I don't have a chart that shows the volume but the last 20 minutes of yesterday was huge... 100M on final 3 minute candle.
First Support/target 2582
Edited by SemiBizz, 05 September 2007 - 05:45 PM.