Wednesday, January 11, 2012

Evening Thread

There was yet another failure to close above the trading range set on Dec
14th. This 'tells' us that the gorilla (seller) is still in the room. If only they would tell us how many shares they need to get off.....



The market continues to grind at the top of the supply area. Choppy action ruled the day. Some back and fill of the gap up days would be healthy structurally.