Follow Through Anticipated

As discussed in yesterday’s post, buyers exhibited strength over the past few days and higher prices were anticipated.  We saw buying come into the market after a brief morning reaction today – typical behavior in a bullish advance.  We can anticipate follow through on today’s gains tomorrow.  Resistance is lodged at the 1289-1305 area, and I am anticipating that the market will make an attempt to at least test that area.  We will see how the market looks if and when it approaches that level.