Bulls Losing Strength Mid-Day on SPY
The bulls failed to capture 338 which had become an important intraday level for them. After rejecting for the 3rd time, that's all the bears needed to hop in.
Since then the bears have maintained their control but they have work to do if they want to take us negative for the day.
Price action will likely remain volatile through close but I don't expect the bears to have enough in them to take us negative before close.
Right now the market is looking like its favoring a Trump win. I am completely unbiased and my assumptions are purely based on price action of the market, commodities, and currency.
So far it's been Solar having the hardest time trying to understand what it wants to do.
SPY
Since then the bears have maintained their control but they have work to do if they want to take us negative for the day.
Price action will likely remain volatile through close but I don't expect the bears to have enough in them to take us negative before close.
Right now the market is looking like its favoring a Trump win. I am completely unbiased and my assumptions are purely based on price action of the market, commodities, and currency.
So far it's been Solar having the hardest time trying to understand what it wants to do.
SPY
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.