Today’s pre-market forecast and mid-week review. Market recovers after strong down turn. Currently in compression at two immediate areas. Don’t fall in love with either side today.
- Market finds strong support at the expected 80 sma. Danger zone reached….be careful!!!!
- Mixed markets continue between clearly established support and resistance areas.
- 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.
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