RANGE RUN RETURNS 4/5/12

BULLS had some small victory today.  They held the market in a range run and stalled the BO selling of the past  two days.  PA moved to the LB early in the Euro Zone only to run the the SB.  The problem, neither would break.

At the US Open we have a range run developing and a BO of the upper bear TL.  Today it was more of a wedge  and PA continued to the LB.  A FBO and a pull back to the EMA for extended side ways action.

A boring PM trading day, but some relief for the bulls.