So I would have liked to have seen a close under 1018'25 (which by measurements sake is the lower part of the range) instead we get a last 1/2 hour surge and close at 1018'50. Although not entirely clear, it tells me that we need one more attempt by buyers to get back to that magical 1025 area before sellers come in and do damage to the chart. This close means tomorrow is another wait and see kind of day. these ranges are proving to be tough to break free of.
Sellers would show that they were in control with a gap down tomorrow. Next downside target is 1006-1007 (the upper end of the previous ranging action)
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