LOWER HIGHS

The last two trading days have seen lower highs and Friday was an inside expiration day. This market is building energy and a breakout is possible in the short term. We have obvious strong resistance around the 1080 area and the long term trend line continues to hold and is now at 1165. We need to close above or below these levels to give us an indication as to where this market is going. The daily CCT finally saw some minus tick readings on Friday and now stands at +232 for the short term. I find it interesting that we get good volatility and minus tick readings last Thursday and Friday, the market seems to act normal when the manipulators are not in?