It is hard to be long a market with no volume. That is why it may ultimately be right. The hard trade is long. It is so easy to be short up here because of the lack of volume and volatility. I have been waiting to see how the market is doing by the close. If we cannot go higher, the market sells off going into the close. That usually is a bearish sign. That sign needs to be reinforced by taking out prior days lows. We have not been doing that. I am staying neutral until this market starts making sense. Resistance is 112650 and support is 110950.
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