The PPMs are headed up for today and probably stabilise Monday, but from the looks of the algos on PPM1 and especially PPMs 2 and 3, Tuesday's session may not look so rosy. That coupled with next week projected to be a down week, things are not looking too good for next week.
I'm not sure what's going on next week other than Powell's speech tonight but bulls may want to consider setting their stops extra tight next week.
I'm not sure what's going on next week other than Powell's speech tonight but bulls may want to consider setting their stops extra tight next week.