I hate to say it, but because the bounce was so strong yesterday, I think odds favor yet another high late in the day or early next week. Am I prematurely giving up on a lower high? I don't think so but we will see. First move of the day is a consolidation that holds at 3325 or 3322. Under 3322, bears begin to take back control.

You must be logged in as a Daily Analysis or Intraday Analysis subscriber to view the rest of this post.