OutLook for 3/30/11 : EdgePlayerTrading

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OutLook for 3/30/11

by EdgePlayer on 03/29/11

Market is breaking out of 3 day range after failed break down.  This is usually a pretty bullish sign.  I am looking for a probe higher at least as big as the probe lower, if not more.   Since today is was a trend day I would expect tomorrow to be a consolidation day.  At this time I show support  at  1315,  1311.75. 1308.75 and resistance at 1323.25.

MTD/WTD volume profile

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