TF HAD A CONSOLIDATED RANGE TODAY AFTER THE HUGE RUN TO THE UPSIDE YESTERDAY. THE YEARLY PROFILE IS FAILING TO CONFIRM A DOWNTREND AND THE BULLS ARE MAINTAINING CONTROL OF THE MARKET ON THE YEAR. THIS SUGGEST TO LOOK FOR BUYS ON ALL RETRACEMENTS AND LOOK FOR A MOVE TO THE 800.70 AREA. SHORT-TERM THE PIVOT ON THE MONTHLY PROFILE IS 728.50 IF TF CANNOT GET BELOW THIS PRICE LEVEL LOOK FOR MOVE TO 750.80 AND POSSIBLY 764.60. IF THE 728.50 MONTHLY PIVOT IS BROKEN AND TF FALLS BELOW THIS PRICE LEVEL LOOK MOVE TOWARDS 715.50. THIS COULD HAPPEN TOMORROW AND THE 715.50 PRICE LEVEL IS A KEY AREA IF THAT HOLDS SUPPORT IT WILL BE THE START OF THE BIGGER MOVE TO THE 800.70 AS BEING SUGGESTED BY THE YEARLY PROFILE AT THIS TIME. BULLS ARE IN CONTROL OF THE MARKET ON THE YEARLY, MONTHLY, AND WEEKLY.
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