Market Breadth Data******************************

Friday, February 03, 2023

SPX and the FED

 The expected bullish action surrounding the FED meeting materialized as expected, but that wasn't enough to propel the futures above the congestion zone and they stalled at the upside weekly target:









Will the Employment report have the impetus to get the job done?

Not likely, but in the realm of possibilities.

at

Terms of Use

All rights reserved by the author. The material contained herein is original content and is the sole property of the author. Any commercial use or reproduction - either in part or whole - is strictly forbidden without the author's prior consent.

Disclaimer: The information provided here is for educational purposes only and does not constitute trading advice nor an invitation to buy or sell securities. The views are the personal views of the author. Before acting on any of the ideas expressed, the reader should seek professional advice to determine the suitability in view of his or her personal circumstances.