traderdan59

Bulls and Bears zone for 06-27-2019

SP:SPX   S&P 500 Index
Market rallied during overnight session than had a sharp sell off. Also GDP was released earlier which was within expected range. However, consumer spending dropped sharply, therefore we could expect a sell off. Level to watch would be currently where market is trading 2925---27.
Couple of reports to monitor are:

US:Pending Home Sales Index
10:00 AM ET

US:EIA Natural Gas Report
10:30 AM 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.