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Market Outlook: Friday 3/31/2006

Started by eliteG, March 31, 2006, 09:23:52 AM

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eliteG

The market did not confirm a breakout yesterday and put in a doji.  This shows indecision at this price level.  Lets see if we get a Friday reversal or some consolidation here at these levels.  I think a continuation candle will be hard to put in  ;)  2350 area (2353.14 exactly) is our main resistance.  2330 area (2330.84 exactly) is our main support.  If any one of these breaks early on in the day we might have a strong trending move today.  On a Friday that should be rare but be on the look-out.


eliteG


Gap list for Friday 3/31