Monday, September 27, 2021 9:36:20 AM
"....we're in much the same place we were Friday........."
http://www.pretzelcharts.com/
"Not much happened on Friday, with the market spending most of the day range-bound, so there's little to glean from that. Futures made a new high in the overnight, but cash is ultimately king."
"Nothing new on the intermediate term chart:"
"In conclusion, we're in much the same place we were Friday, with the addition of the knowledge that ES futures made a new high -- and that might give bears at least some cause for caution. That said, cash matters more than futures, so we'll see how the market reacts today. Trade safe."
http://www.pretzelcharts.com/
"Not much happened on Friday, with the market spending most of the day range-bound, so there's little to glean from that. Futures made a new high in the overnight, but cash is ultimately king."
"Nothing new on the intermediate term chart:"
"In conclusion, we're in much the same place we were Friday, with the addition of the knowledge that ES futures made a new high -- and that might give bears at least some cause for caution. That said, cash matters more than futures, so we'll see how the market reacts today. Trade safe."
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