Weekend Video 2/15/2016

1803.25 is a support level going all the way back to April 2014. the market has reacted now twice off this support. on 1/20 and now 2/11. A very strong rally off the 1803 level has produced a double bottom and a 80 point rally in two days. 1860 remains the bullish above line in the sand. The bulls have gained a foot. Look for a retest back to the highs of the range 1930-1935

Eric Marcus

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