I will keep this post as brief as possible. We are still in an uptrend and no significant news reports are on the schedule today.
Support: 1660.00-1661.25, also keep in my that this zone puts into play the Value Area low at 1662.50
Midpoint: 1665.50-1666.50
Resistance: 1669.75-1670.75
Here is the chart:
Very well defined range coming into today, and if the support level fails the market will want to test 1656.00. If resistance fails.. it would be making a new all time high and every moving average in the book would be up sloping.
