Will the S&P 500 squeeze more
from MyStrategicForecast
Friday’s market had a big gap higher following the phony jobs number. They gaped above an important spot which creates the squeeze we discussed here Thursday night. The question going forward is how much higher and where the market will run into “overhead resistance.” In this video we’ll discuss where and more importantly the why behind the analysis. We’ll discuss all the details including a variety of charts and markets. The analysis found in these videos is appropriate for both beginning Traders and experienced Traders alike. We look at only technical analysis using charts from various time frames using various vehicles. We use only the Candlestick charts and moving averages to determine our next best case scenario.
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