Bee, the way they HELD up ad-SPY this last couple days and we're not dat far away from the 210.92 YTD High suggest to me that 212 is on da-Agenda??
For today we should expect a 2.00 range at minimum so we use some simple math and arrive at a LOD and HOD??
HOD so far 209.08 - 2.00 = 207.08 (OBVIOUSLY 206.97/207.00 HAS to HOLD otherwise LOOK-OUT below)
LOD so far 209.08, which we believe HOLDS, 209.08 + 2.00 = 210.08??
In Addition, oil is poised to BREAK-OUT above 45.00 over the next 2-3 weeks, I suspect this means we tag 2200 by 5/20???
I know its kinda simple but dats how I role, LOL...