Today’s pre-market forecast for the Emini S & P 500 future and mid-week review. FOMC day headlines todays activity. Are the Bulls back in charge? The testing of the 20 sma will help determine.
- Market continues to move sideways between the All-time-high and the daily 20 sma.
- August begins attempting to retest all time highs. Clearly consolidating between two key areas.
- July closing as the 6th consecutive month of gains. Will August keep it up?
- Market action slowing down as investors await FOMC data.
- Market starts week pulling off high volume record setting week. Key support and resistance……
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