Finally getting the retrace lower that I have been looking for which should set the market up for a rise into Monday. S&P 500 futures are just short of the top of the target range for (C) of [IV] as I type this. Ideally, we see the 4360.00 or 4353.75 numbers tested late today but I caution against chasing down at this point.
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.