SPX
Cash market has a few gaps still to fill.
Current rally from Friday which should follow through into Tuesday due to the market holiday tomorrow.
A high percentage of times after a holiday the market is bullish so thats why im looking for that move higher to complete the pattern.
If its going to fail then it will happen between 3850-3900. 50-78.6% retracements from the current levels.
Other than that we will see what the futures markets have in store for us Monday and early Tuesday.
We also have a critical turn point later in the week to watch.
I hope this helps. Enjoy the week.
Current rally from Friday which should follow through into Tuesday due to the market holiday tomorrow.
A high percentage of times after a holiday the market is bullish so thats why im looking for that move higher to complete the pattern.
If its going to fail then it will happen between 3850-3900. 50-78.6% retracements from the current levels.
Other than that we will see what the futures markets have in store for us Monday and early Tuesday.
We also have a critical turn point later in the week to watch.
I hope this helps. Enjoy the week.
t.me/OCEANAISIGNALS
Check out the free Telegram group for Trade set ups and Market Updates. Also one on one coaching now available. Message me for more info and a free 30min consult to see if my strategies work for you.
Check out the free Telegram group for Trade set ups and Market Updates. Also one on one coaching now available. Message me for more info and a free 30min consult to see if my strategies work for you.
Still looking for the move higher to fill the gaps..