Quote from Lawrence Chan:
3rd 1-2-3 sell.
a break below 32 will be significant.
33 must act as resistance though because that is previous day high.
A horrible market. We're talking about a 1 point down move as being significant. LOL. There is no volatility out there. Wet Paint drying... I think the market is still medium term bullish because so many are still looking for that top. Once we get a decent up move, that will likely be the top. Not there yet.