Daily Opinion

A break higher than 1100 should send the market rallying past 1104.00 and 1107.00. Once past 1107.00 watch for resistance above 1109.00 and 1111.00 before the market moves through the 1113.75 open of the year and possibly pushes up to challenge 1116.00.
On the lower end, a break back below the 1089.50 close, should send the market through 1087.00 to challenge 1084.00, 1080.00, and 1075.00 before targeting support at the open of the week, 1071.50.

 

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