DanGramza

Will S&P buyers show up on Monday

Long
CME_MINI:ES1!   Contrats à terme E-mini S&P 500
The close on Friday for the S&P 500 did not reach the goal of 4340. The issue is that this price action can represent a loss of momentum. It will be important when Asia opens up at 5:00 PM CST the buyers continue to support upward movement and the S&P 500. The idea being that Asia who has not had a chance to respond to Friday's market will continue upward buying pressure.
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