The early part of this coming week is likely to be placid. The majority of the actions will come starting Wednesday 9/18 with FOMC announcement at 2:00 PM EST.
On Thursday, we have Jobless Claims report at 8:30 AM EST, and Existing Home Sales report at 10:00 AM EST.
Friday 9/20 is Quadruple Witching day. Market index futures, market index options, stock options and stock futures all expire on Friday. Volatility is likely to increase as a result.
Surge7 of the Up Trend that started on 12/26/18 is still going strong, though we are technically in Minor Dip2 of Surge7. Further below in this article, we will discuss when Minor Dip2 is likely to end. This may be of interest to you if you are waiting to buy the dip.
The rest of this article covers:
Table of support and resistance levels
Updates from market internals
Planning your trades
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