traderdan59

Bulls and Bears for 08-05-2019

SP:SPX   S&P 500 Index
Market has been selling off during overnight session. Since the sell off has been so aggressive last few trading sessions, I would expect Fibonacci 1.272 and/or 1.618 levels of Fridays RTH to be good resistance levels.
This selling seems like end of December of 2018.
Levels to watch 2894---2896


Reports to watch:

US:PMI Services Index
9:45 AM ET

US:ISM Non-Mfg Index
10:00 AM ET

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