Although the S&P 500 daily chart for Monday implies sellers coming into the market, the past behavior over the last few days has been a lack of follow-through to the downside. The market seems to be structuring itself to a wait and see approach. This means the markets waiting for additional information to respond directionally and it could be earnings that could stimulate this market.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.