traderdan59

Bulls and Bears zone for 07-10-2019

SP:SPX   S&P 500 Index
After yesterday's rally during RTH market sold off during overnight session but stopped at 61% of RTH range. As long as market stays above 2971 we could expect a positive day.
However, volatility could be high due to Mr. Powell speaking today and FOMC minutes release.
Level to watch would be 2982---2984.

Few reports for today:

US:Jerome Powell Speaks
10:00 AM ET

US:EIA Petroleum Status Report
10:30 AM ET

US:FOMC Minutes
2:00 PM ET

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