Today’s premarket forecast and mid-week review of the Emini S & P 500 future. Market attempting to recover from the huge sell-off from the new all time high.
- 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.
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