| Weekly Trend: | Flat | |
| Daily Trend: | Flat | |
| Daily Momentum: | ___ | Up |
All in all a quiet days trading with most emphasis on eanings releases. The market was soft through most of the day yet rallied back to close on its highs after Hong Kong rallied hard in late trade. We continued to be held by the braod range that’s been in place since September. That said the technical picture is suggesting a near term high right about here to be followed by some decent weakness, but what will trigger this is uncertain. It appears the only current macro issue on the agenda is the ongoing deficit crisis in Greece and whether or not that will spread through the Eurozone. Range bound markets make for frustrating trading. It may pay to be quick on the exits rather that await full completion of swings.
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