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Once again the 45 minute support held during yesterday morning's decline. This has been a steady pattern since we entered the high timing window on S& P and Dow with intraday support holding on each test and actually presenting additional buy side opportunities. We're still in the focus of the Dow high timing and if this pattern continues we'll continue to monitor these levels if we see yet another move to downside during the session. If price continues to hold these levels, the Fibonacci timing highs just signified a consolidation phase and we should see more upside shortly. If that's the case, we'll change emphasis to the stronger daily/weekly timing high confluence closer to the end of the month. I'll update the weekly info for publication early next week if we're still holding (or surpassing) current highs by then.
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