240
Overall we continue to see a sideways movement from the market. Positive pressure continues and we are expecting a lift out of the consolidation. Pullback to the lower UBB's and green channel support would be expected if the market finds resistance and drops back below the ma's.
DAILY
Current consolidation has remained within the rising green channel at this time. Until channel breaks, trend remains strong and positive. Potential for another spike back to the green s/r as seen previously 2x is still a possibility, however the further we lift away from it, the less likely it is t occur.
