Market sold off during overnight session and rallied as well. If market is going to rally, it needs to test overnight low first.
break and close below 2800 neckline. now I anticipate bearish continuation to lower levels.
Market sold off during overnight session. It tested yesterday's RTH Low and was rejected. At the time of writing, market is rebounding very likely to test yesterday's RTH low again. If Bulls can not take out Yesterdays RTH low convincingly, than there would be a sell off very likely. Couple of reports to be aware of for today: US:Chicago PMI 9:45 AM ET ...
During yesterdays RTH Bulls could not get over 200 SMA on a 5 minute chart, which is a sign that Bears are still in control of this market. I suppose we could see a test of overnight session high before a sell off. Few reports that could impact the market today are as follows: US:Pending Home Sales Index 10:00 AM ET US:EIA Natural Gas Report 10:30 AM...
Market sold off overnight and went below 2800 which was a strong support. Test of overnight low would determine the direction today. Very likely more selling since Bears had more conviction than Bulls yesterday and continued overnight sell off.
Market sold off during overnight session than rallied. It will probably test overnight high than decide on direction. There is one report due which could impact the market: US:Consumer Confidence 10:00 AM ET
Market rallied during overnight session. Market needs to test overnight high before deciding on direction.
Market sold off overnight to open gap down. Traders need to test overnight low before any rally and try to close gap (if at all). There are couple of reports that traders need to be aware of: US:New Home Sales 10:00 AM ET US:EIA Natural Gas Report 10:30 AM ET
Overnight session market rallied and sold off. It is probably going to be a range bound day. Market is currently at 2855, I would look for resistance around 2863 and 2865. Couple of reports that could effect the market: EIA Petroleum Status Report 10:30 AM ET US:FOMC Minutes 2:00 PM ET
Last few days market has been selling off during overnight session and rallying during RTH. However, today seems to be opposite and rallied during overnight session and still holding. It is very likely that market will sell off during RTH. Look for any test of the overnight High.
Market will open with massive gap down. It is very likely to rally and try to close the gap, if not at least test Friday's low.
Yesterday afternoon's sell off should continue today. Any test of the rectangle area on chart for today should act as resistance. Need to be aware of couple of reports that could impact the market: US:Consumer Sentiment 10:00 AM ET US:E-Commerce Retail Sales 10:00 AM ET
Overnight session market rallied to get to where it closed during yesterday's RTH. It is very likely that it will sell off.
Market sold off during overnight session. Very likely it will rally if it tests overnight supports and bounce.
Overnight session market rallied somewhat. This rally should continue during RTH if market is able to take out overnight session high.
Overnight session market sold off. Market could test Fridays low and bounce than go sideways most of the RTH.
Market is going to be very volatile today since additional tariff on Chinese imports went into effect today. Expect market to have some volatility at opening hour or so than a sell off and pullback.
Market sold off very aggressively yesterday right at close which is very bearish. We will probably see a sell off than sideways.