Oil is up nearly two percent, but equities are holding in well in spite of it. However, internals are leaning flat to slightly weak (cumulative tick), so I am watching key resistance at prior highs very closely.

Related posts:

  1. 10.25.10 – Airpocket in Prior Highs Zone
  2. 08.06.09 – Resiliancy at the 5-DMA
  3. 09.28.09 – Trend-Day Monday
  4. 04.01.09 – Gap Fill and Highs Retest
  5. 11.10.09 – Negative Sentiment