notes 05/06/12

some notes

market rallied 40 handles off this level mentioned in
selling-climax-volume-chart

Market now attempting to fill the gaps from the start of the year as mentioned in volume ledge:

There was not much balancing above 1260 on the way up. December has a balance and there there is some decent volume there.

Areas of interest below 60:

1250.75/1251.75 NVPOC/HVN
1246.25 Cash Gap 12/30
1239.75/1240.25 NVPOC/LVN
1231/1231.75 LVN/Cash Gap 12/21

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