S&P 500 - I call bull on the 15min spike. Going down tomorrow?
Great bullish signal, but we are not done going down yet IMO. This looks just like June 25-26. Big spike at the end of the day. Flat in aftermarket. Good sized drop the next day. Then we really get a chance to go back up.
I think this continued bullish trend of bushing the resistance of the channel is a very good sign for the month ahead. MU beats estimates which means tech was strong through the quarter. It is going to keep the S&P 500 afloat IMO. Housing sales are up, which is also good news. As long as Texas, Florida, and California don't screw things up with coronavirus that is.
I think this continued bullish trend of bushing the resistance of the channel is a very good sign for the month ahead. MU beats estimates which means tech was strong through the quarter. It is going to keep the S&P 500 afloat IMO. Housing sales are up, which is also good news. As long as Texas, Florida, and California don't screw things up with coronavirus that is.
