@AmbreenShabi, best guess is a small pop Monday and a reversal by Tuesday. SPX is forming an ascending wedge if you look at the hourly chart. Not anything I want to buy into. FAANG stocks look topped out except FB which looks like it wants to close that gap at the top.
hungry_hippo
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@AmbreenShabi, looks like I called it Sunday night :P
hungry_hippo
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@AmbreenShabi, look at my SPY hourly chart if you want to know how I made my prediction Sunday night.
hungry_hippo
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Looks like a possible reversal today, MFI went oversold on the hourly. Not sure if we're gonna rally next week or not, but Fridays are usually good for the market since there's always 401k and pension money coming in on paydays.