S&P Daily Pre-Market Prep 6/27/17
Back in the range,not a terrible day yesterday because we probed outside the range, failed to extend and fell back in and got a 13 point drop. As per yesterdays plan, we were interested in shorts...
Back in the range,not a terrible day yesterday because we probed outside the range, failed to extend and fell back in and got a 13 point drop. As per yesterdays plan, we were interested in shorts...
Still in the range - so still on range fades until it breaks. Volume was low on Friday - reflecting a lack of interest and indicator more time in the range.
Now back into the range from the past few weeks. So expecting a lazy trip to test the bottom of the range - 2416. Not necessarily in one day though.
Now we are back into the range so expecting us to move to 16.25 where we'll likely move up and continue in this range. Not 100% certainty of course, it's just my hypothesis going in.
New all time highs yesterday. Volume was 1.3 million - pretty average. As you can see - we pushed up but it's not much of a move away from the overall range... so let's zoom in....
Starting the week in the middle of the past few weeks range. It's early here, so the overnight session hasn't developed much.
Yesterday played out as expected we hit the minor support and turned up towards the top of the range we'd marked on the profile. Volume was good 1.8 million.
Just spend a few days in Cambodia and Laos... now back to it... Note new levels below for September contract
We had some volatility this week, and we are now just above what I'd figure to be a weak...
Volume was more respectable yesterday, Market was sideways with a decent opportunity off the open and into the close. Tough in the middle though.
Well it is summer but ouch - what a drop in volume yesterday. I'm still looking for a drop to 2417 to hold but we really need to see some decent volume come in to take this onwards.
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