Welcome to a New Year and a New Decade! May you find Profits and inner Peace in your trading in the days to come.
In the intraday updates posted on 12/31/19, we described the 3 scenarios we were monitoring for. It appears at this point, that scenario 1 is the one that’s happening. $SPX $NDX seem to be finding support in a narrow sideway zone. $RUT has more dramatic moves, but it too is finding support by going sideway.
The full article covers:
Market Internal Indicators
Short-term Support & Resistance Levels
Market Projections and Planning Your Trades
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