The buyers came back today and the 10 day moving average held as support. We also moved back up above the 5 day moving average. This could mean that we've had a small correction and we are moving higher. I will remain bullish if we can stay back above the 5 day moving average. I still think you should keep a larger cash position. The sell off during the last half hour of the market caused it to move back below the 1007 level. This area has acted as some significant resistance over the last few days. I want to see the market clearly break (and close) above 1007.
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