Today’s pre-market forecast and end of week review. Market breaks and holds above 200 sma. Some heavy news items today and expected profit taking creating for mixed environment.
- Markets searching for directions in spite of clear breakout from channel compression.
- The bulls are back in charge as economic reports continue to provide a quick recovery.
- Mixed markets continue as key economic reports weigh heavy on short to mid term moves.
- Mixed markets continue as spike in COVID numbers force market to slow its pace.
- Market continues to consolidates as it determines effects of a potential second wave.
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