Still...Holding Near Resistance

DJIA + 3.01, +0.02% SP500 + 2.14, +0.16% NASDAQ Comp. - 6.15, -0.26% Russell 2000 - 1.05, -0.15% Markets rallied Monday morning and pulled back in the afternoon to finish near unchanged. The broad indices continued trading today in a very tight range just as they have during past three trading days. The market continues to hold just below resistance. Stay focused for either a break of support or a break of resistance. Oil rose over $2 a barrel to close at 108.92. Most of the stocks we mentioned near the open in Stocks to Watch Today rose in the morning and then pulled back this afternoon. Today’s Action Positive Movement MEE, STLD, CLF, CF, MOS, AGU, BIDU, Pullbacks STRA, ANR, ACI, SCHN, FCX, PCU, FSLR, JASO Continued Positive Movement in Stocks Covered Last Week AAPL, DE, EXPE, MON, NSM, POT, X Intermediate Term Market Trend: Neutral Short Term Market Trend: Up