Remember a post I wrote just a day ago called Sixty-Two Fifty-Eight? Well, let’s check out overnight action:
Do you believe me now? I sure do. What’s the magical hoo-ha about this level? Good Grief!
So, I’ll say it again: we MUST break that level. We must.
The mildly encouraging news is that the PPI came in at ZERO, and the news is being greeted with a shrug of the shoulders. The market is barely up right now.
I got a late start this morning, so I’m going to sign off and loop back to you after the market is open a little. Be back soon!
