Today’s pre-market forecast and mid-week review. After the 3 day drop to the 200 sma market gets its second wind. This fueled by more positive economic recovery evidence.
- As market recovers from the strong sell-off heads to familiar winds of resistance.
- Market awaiting FOMC statement. Will the 80 sma hold support?
- Market free falling after clear break from the 50 sma. Don’t fight the trend.
- Market continues to consolidate and oscillate between two key areas. What’s next?
- Market oscillating off the 20 sma attempting to close positive for the week.
Subscribe to our newsletters and receive tips, recommendations and exclusive material from MDC.