Today we saw the market gap up to sustain their gains throughout the day. We saw the DIA sustain a lateral trading range for most of the day and the broke through around 1:15PM today. There were better than expected earnings reports that from Intel, JP Morgan Chase, and Coca-Cola which spurred on the rally. It should be rather interesting to see what will happen in the markets during this earning season.
Let’s see what the markets have in store for us for the rest of the week!
Question: Should I continue with posting pivot point analysis on the blog?