First Look: 2021-02-24
Thinking lower in a glue type wave today
The S&P 500 futures rejected resist at 3896 this morning. I’m assuming we are working on a (B) wave correction that should take futures down to at least 3851.50 if not a bit lower before being complete. This will facilitate moving up later in the day today or tomorrow in (C) of [B].
Keep reading with a 7-day free trial
Subscribe to Trading On The Mark to keep reading this post and get 7 days of free access to the full post archives.