Today’s pre-market forecast and mid-week review. Excellent week thus far in the markets. A bit mixed today within clear support and resistance areas. Wait for clear confirmation before pulling the trigger.
- First close under the 20 sma in a while. What’s next for this market?
- Expanding market greets us this AM…Is the market discounting the potential CODVID relief bill?
- Great come back day with huge volume. Is this a sign of things to come? Stay tuned.
- Market challenging the anticipated 20 sma on the daily chart. Will it hold? Stay tuned.
- Mixed markets dancing between two key levels of support and resistance.
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