Premise for today is to watch for test of 1101.75 and see if there is a reaction. Trend up is very powerful and has not made a significant pull back in days. I will look for potential inside support at 1089.50 just after the open and an attempt to run to 1101.75. If 1101.75 holds, look for a range 1101.75 - 1089.50 with potential contraction at highs until breakout. If price comes off 1101.75 and builds inside support, go with the trend and extension up. If 1089.50 does not hold, look for correction down to 1080.00. The short side will remain tough to hit and shorts need to be initiated at good prices. Late shorts with too much confirmation will be prone to get squeezed.
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