Financial sector has been strong. Want a dip to 165.5ish to get long. Can see that would be a 61.8% fib retrace of Friday’s strong action as well as some key levels from Thursday and Friday intraday.
Nasdaq 100 – Tech Sector. If we gap down I’m looking for 1440 (support from July). If we lose that, then I’ll look for the psychological 1400 level. If we gap up, I’ll be looking to short pops.
BULLISH TO NEUTRAL: Broader Market Analysis starts with the ES. Last week we talked about the first red flag of many. The break of previous month lows. (Aug lows were broken in Sept). Now with Sept lows being broken in Oct already. I still don’t think there’s anything to panic about.. At least not yet. Why? Because we’re just pulling back into the Weekly 20...
