Price is just basing at previous support:
We worked our way back to the Previous day's high this morning, based along that resistance and my pivot resistance level (red horizontal line) while our 5-min candles began closing at higher prices before breaking out. The rest of the day just drifted sideways on waning momentum.
and while TICK and momentum were testing lower levels, the ship just wasn't sinking.
Tricky tape here and you just have to wait for the market to tip it's hand.RIMM printed an abandoned baby candlestick pattern today, so I'll be watching for upside follow-through.
Also, watching XL for more upside, though the volume isn't very spectacular
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