The buy signal that was triggered on the weekly profile was suggested to take in yesterdays blog and for traders to focus on this profile and stay on the buy side until it has a candle close lower then the low of the prior candle. We were on the long side today and made positive gains as the market closed higher then it opened. The Weekly Profile will continue to be the focal point for the overnight market and into tomorrows opening. Again if the weekly continues to make new highs stay on the buy side of the market be careful taking shorts until we see the signal for a failure to the upside on this Profile. Which will be signaled by a close lower then the low of the prior candle then start getting short and look for reversal towards the top of the PZ at 719.80. Key support along the way TF will have to get below 737.50 the ZT Pivot on the Monthly Profile in order to continue lower. Next key support 733.40, 728.80, 725.70, 718.50. Key Resistance 743.60, 747.10, 750.80, 756.50
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