Next Move For the SPX and End of Day Trade?
This congestion usually ends one way … and taking advantage of cheap end of day trades.
This congestion usually ends one way … and taking advantage of cheap end of day trades.
The market has shifted into more of a pinball type of market, where we can trade on a shorter term basis back and forth between support and resistance. Right now, the SPY is reverting to the mean, but after that, I am eyeing a swing long into $700.
Huge week by bulls to recover some of the damage to the longer term charts, but is it out of the woods yet? Sam reviews the core markets and the periphery to see how things are aligned into next week.
Tesla’s performance through November has left a little to be desired, but the year’s not over yet, and neither is this stock.