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DanGramza
Jan 12, 2022 4:04 AM

Buyers showed up  Long

E-mini S&P 500 FuturesCME

Description

Buyers did follow through for Tuesday's price action. The critical action now will occur over the next 2 days were follow through can set the tone for the next few weeks. The Fed came out stating the same things they have mentioned before of monitoring the marketplace, the economy, inflation, employment and the virus impact. Not new news but reassuring to the market that the course laid out is being followed. My expectation is highs beyond Tuesday's action and a positive close.
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