The S&P touched the mentioned support at 1010, before bouncing off to close at 1027, creating a red hammer, still closed negative, but gave some hope to the bulls for tomorrow's trading day.Everyone is keeping an eye on the employment report, which will decide tomorrow's market direction.
Volume should be low as most traders are getting ready for the long holiday weekend.
Support still is at 1010 and resistance at 1040
No comments:
Post a Comment