S&P Daily Pre-Market Prep 3/3/17
Decent volume again and a pullback.If you look at yesterdays prep, we noted both the resistance at 2395 as well as the likelihood of a drop to 2370 because of how little volume traded there. We also...
Decent volume again and a pullback.If you look at yesterdays prep, we noted both the resistance at 2395 as well as the likelihood of a drop to 2370 because of how little volume traded there. We also...
Decent volume yesterday and we've escaped the range - but only overnight. So first order of the day is whether we can hold these new prices into the day session.
No great shock that we didn't break out on Friday. So today we have to assess whether or not we are falling back into last weeks range, putting in a move or just making a new range for this week.
Same deal as yesterday - average volume, market moving sideways.
Volume still fairly light and the markets still heading upside although we've stalled the past few days. Got an eye on 2336 below if we do pull back. As before - this slow march up isn't going to...
A slight uptick in volume yesterday. We did finally get a move down and on the way up, we got decent participation to the upside and a better move. I'm in 2 minds about whether that's all we need in...
Market still up on low volume. No test to the downside, so not much participation to the upside. Or rather, not much excitement in the move up. Still long biased but expecting grind until we get a...
Still looking for more upside and still would like to see a pullback to the top of the old range(s) to give us the best upside move. So looking at 2295-2299 for a pullback and if that fails, for us...
We were looking for a "Thursday break" yesterday and we got it. Today looking for signs of follow through, although over the past few months, this market hasn't been very good at following through.As...
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