Guys, in this update I quickly recap where we left things Friday, having opened right in the target area.
Looking to tomorrow and the coming week, some immediate volatility, likely a sell off pre-market, followed by a test of support and bounce to test recent support flipped resistance.
Generally this week will be aggressive, but looking at historical trends the SPX pulls back and does not go down without a fight
I think we can expect a pullback by the end of the week and as stated on previous ideas, see new ATHs before the end of the year when there will be a more significant correctoin.
yemala
Looking to tomorrow and the coming week, some immediate volatility, likely a sell off pre-market, followed by a test of support and bounce to test recent support flipped resistance.
Generally this week will be aggressive, but looking at historical trends the SPX pulls back and does not go down without a fight
I think we can expect a pullback by the end of the week and as stated on previous ideas, see new ATHs before the end of the year when there will be a more significant correctoin.
- What are your thoughts?
yemala
Comment:
Check the ideas below from the previous week highlighting the target hit this week on open!
