SPX Cash market has a few gaps still to fill. Current rally from Friday which should follow through into Tuesday due to the market holiday tomorrow.
A high percentage of times after a holiday the market is bullish so thats why im looking for that move higher to complete the pattern.
If its going to fail then it will happen between 3850-3900. 50-78.6% retracements from the current levels.
Other than that we will see what the futures markets have in store for us Monday and early Tuesday.
We also have a critical turn point later in the week to watch.
I hope this helps. Enjoy the week.
Nota
Still looking for the move higher to fill the gaps..
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Check out the free Telegram group for Trade setups and Market Updates. Also one on one coaching now available. AI Subscription coming up shortly for an early bird introduction price.
Check out the free Telegram group for Trade setups and Market Updates. Also one on one coaching now available. AI Subscription coming up shortly for an early bird introduction price.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.