We opened today @ 912.25 after a big push up this morning just before open. (Over 10 pts in a 1min bar!) From open we immediately started on our decent to our intraday low of 901.25 @ 10:34 getting us close, but not close enough to fill the gap for today which waved good bye to us from it's 900.00 close yesterday.
Point of Control today @ 904.25, which wasn't much of a battle ground as the aggressive buyers came in and took control after an hour and a half of squabbling. Making it's final appearance at 1:30, it went from there with steady higher lows all the way into today's close @ 915.00. We hit our intraday high of 917.25 twice, with one more bounce off the trend line into the overnight.
May 7 POC will be 912.25
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