Last four days market has been rallying and volume has been decreasing. In addition, yesterdays daily bar looks like a spindle.
Overnight session, market has been in a trading range. If market cannot take out yesterdays RTH 50% range, we might see a sell off.
Levels to watch 3017----3015
Few reports that could impact the market:
US:Business Inventories
10:00 AM ET
US:Housing Market Index
10:00 AM ET
US:Jerome Powell Speaks
1:00 PM ET
Overnight session, market has been in a trading range. If market cannot take out yesterdays RTH 50% range, we might see a sell off.
Levels to watch 3017----3015
Few reports that could impact the market:
US:Business Inventories
10:00 AM ET
US:Housing Market Index
10:00 AM ET
US:Jerome Powell Speaks
1:00 PM ET
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