Slightly Bullish

The market has finally retraced a little bit to test some of the longs. Volume has picked up and volatility has increased. You have to wait and see what they do over the next few days before we start to believe that a larger correction is in place. I am slightly bullish today because we are in a bull market and when there are big breaks in a bull market we usually trade up the next day or two. Support is now 108900 and resistance is 115700-115850. Use your short term charts to get in long but do not be stubborn.