Market Update on SPX500 2/20/2018

in #stocks6 years ago

I'm sure many of you are waiting for the hammer to fall on the stock market. So what is next? On a 3m chart we have the futures market saying 'we outa' here' and cash market saying 'hold on a sec'. So which side will have a greater impact?

On a 15m chart we see the expanding channel forming and we are at time and price so watch for a trend move to develop and pick up momentum going into session 2 on the day.

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