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I said Monday that GCM3 could test 1419 and it did but bounced back and it's now trading between 1424/27 range. The nearest short term objective is at 1404 with 5/15/13 5:00AM approximated time. If that is the case, at list near that time, then a sharp down move will be taking place in the next few hours. But, Lol the 1419/24 area appears to be a strong S/R and a counter trend move could unfold from here. Or a strong zig-zag that will last many hours to unfold? So, I'll wait till the market breaks one way or the other.

Just and opinion here, the market has the last word and in due time will show me the way.

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