By Paul Walton, CMPS
(Cherry Creek Mortgage Co)
Wonderful Weds Morning to all, We opened higher than yesterday's close tested resistance early and dropped since then. ISM came in above 50 which shows growth. We will more than likely test the 10day moving average today. Damage was done early bias towards locking if we fall much lower. Today is taking a bearish engulfing pattern so far......... Sideways trading until news can break us above resistance. Today's snapshot Charting in detail below http://mortgagecoach.utipu.com/app/invited/id/a17d20 Have a great day!