Wrong



Okay, I was wrong in the 933 pivot area. I thought for sure it was going to test this area more, but it did not and went through it quite bullishly.

This was kind of a weird inverted M shape, where the mid-point was were the rectangle is. It was like an inverted sagging "M". It breaking through the mid-point bodes that it's very bullish.

So, where to from here? The next "test" point I see, if it should test it, is 986, then 1005, then 1044. Volatility is decreasing, ending @ 23.43 today. It hasn't been this low since last Sep'08 before it began a freefall.
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