Daily Opinion

A break above 1094.00 should allow the market to move up through 1098.00 and 1100.00 before pushing past 1102.00 to challenge 1107.00 and 1110.00. Once past 1110.00, expect the market to challenge the open of the year at 1113.75. Below 1084.00, the market could move down to Wednesday’s low at 1080.25. After moving below that level, the market should challenge 1075.00 and 1069.00 before dropping through 1067.00 to challenge 1062.50, and possibly the big 1056.00 support number.

 

 

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