traderdan59

Bulls and Bears zone for 07-16-2109

SP:SPX   S&P 500 Index
Last four days market has been rallying and volume has been decreasing. In addition, yesterdays daily bar looks like a spindle.
Overnight session, market has been in a trading range. If market cannot take out yesterdays RTH 50% range, we might see a sell off.
Levels to watch 3017----3015
Few reports that could impact the market:

US:Business Inventories
10:00 AM ET

US:Housing Market Index
10:00 AM ET

US:Jerome Powell Speaks
1:00 PM ET

Anything published is strictly for educational purpose.
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.