Stocks Maintaining the Range

Apr 26, 2021

Stocks are ranging nearly perfectly between 4122 and 4188. We are currently testing this highs again, which will provide resistance. Wait until the open and watch the momentum. We need to see increased momentum to determine if the S&P can break out from the upper bound of the range. If we don't see momentum come through it is likely to retrace to support at 4144, or 4122. There is a vacuum zone below that to 4073.