5.11.2012

It may be a range trading day. Bears may try to push down to test 1343.xx but Bulls will buy the dip and a bounce could be seen. Bounce today if any would be limited by 1365.xx.

SPX
It may be a range trading day. Bears may try to push down to test 1343.xx but Bulls will buy the dip and  a bounce could be seen. Bounce today if any would be limited by 1365.xx.
My speculation is a breaking out the box to the upper side next Monday and probably it would be a Bull Trap.

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