DanGramza

Can seller sustain a down move

Long
CME_MINI:ES1!   S&P 500 E-mini Futures
Sellers came into the S&P on Friday but can they maintain the downward pressure on Monday? My interpretation is that Friday's action was a reaction to the mixed fundamental news that came out with regard to the virus, payrolls and nonmanufacturing data. My expectation is not a big down move on Monday without new information but rather an inside day on Monday with a positive close.
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