6 JUL 2011, Wednesday (AM)

• Interesting...check the charts in the sidebar...since the first of the year we've been trapped in a sideways range.  Just a few days ago we were at the lows of that range and now we are back toward the upper level of the range. 
• This sets up an interesting question...head and shoulders forming, breakout or just continue sideways?  This will not be an easy summer.
• Nothing day yesterday, went nowhere in smallest range in some time.  Thus, no new information.