We now have a situation where volatility looks ready to rise some amount, but against this potential bearishness, we have the start of a breakout in $RUT IWM TNA.
Tomorrow Thursday, we have the following market moving reports: jobless claims, Philadelphia Fed business outlook survey, existing homes sales.
Friday 12/20 is quadruple witching day, and the GDP report.
All of these reports have the potential to create sharp price movements.
Our projection is this...
The full article covers:
Market Internal Indicators
Support & Resistance Levels
Planning Your Trades
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