Expecting Full Retrace of Todays Move Into Friday
Daily is primed to gap up in overnight futures trading. I see today as a kneejerk reaction to rates increasing which have not yet taken place - March will be a different story.
Todays R3 (pivot point) was at 4795 - I expect we land in the 4775-4490 range by close tomorrow on strong retail sales.
Todays R3 (pivot point) was at 4795 - I expect we land in the 4775-4490 range by close tomorrow on strong retail sales.
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