We are still watching the tightening daily equilibrium pattern this morning and have formed a higher low on the daily chart. We will anticipate a lower high to be set some time today somewhere under $9,512.50 to continue the pattern. We will be watching for a break of this equilibrium pattern. If we get a bear break we will look for a higher low to be set on the weekly chart. A bull break and we will test resistance above $9,763.49 and into the $10,000 area.
Daily Equilibrium Pattern
Potential Weekly Higher Low
