Click here for a live and updated chart!!!7:37, The battles lines are drawn, and until we break-out of one of the black trendlines, things are going to keep trading into an ever decreasing trading range. The short-term trend still remains up and is close to testing resistance once again, while the longer-term trend remains down a break above that trendline would put it in serious jeopardy. Breadth so far this morning has been respectable for the bulls, currently at 4.22:1, advancers.
8:46, The Trend Finder has gone from a 75% bullish reading down to a 25% bullish reading, the longer-term daily charts are still bullish, but the shorter-term 60 minute charts are showing more bearish signs.
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