My internal indicators are bullish on the basis of "if u can't beat em, join em"....and also due to the fact that I don't see any resistance between here and 1200. When I become bullish...watch out below!!
The auctions also don't look too good, and that sure ain't bullish.
On the flip side....since everyone is looking for 1200, I'm skeptical of it happening. If it does happen, I believe we would overshoot to the upside, hence the 121.
BTW, is it me or today's price action not very bullish even though we're in the green?