Today’s pre-market forecast and mid-week review. Very strange market yesterday as initial attempts to fill gap failed and trapped a lot of buyers. Looks like the market wants to fill that gap today.
- Mark breaks and holds key level as volume and volatility settle down a bit. Manny D Cabrera
- Volume and volatility slowing down as market continues to re-test the 20 sma. Manny D Cabrera
- Jobs Friday. Strong resistance winds continue to force the market down. Manny D Cabrera
- The 20 sma on the daily holds resistance and market follows down-draft. Manny D Cabrera
- Two things to keep your eye on, 50/200 death cross and strong rejection of the 20 sma on the daily.
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